Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES
AND USE OF PROCEEDS:
The following table summarizes the Company’s purchases of its common stock for the three months
ended July 29, 2023:
ISSUER PURCHASES OF EQUITY SECURITIES
Total Number of
Maximum Number
Shares Purchased as
(or Approximate Dollar
Total Number
Average
Part of Publicly
Value)
of Shares that may
Fiscal
of Shares
Price Paid
Announced Plans or
Yet be Purchased
Under
Period
Purchased
per Share (1)
Programs (2)
The Plans or Programs (2)
May 2023
34,726
$
8.30
34,726
June 2023
-
-
-
July 2023
-
-
-
Total
34,726
$
8.30
34,726
909,653
(1)
Prices include trading costs.
(2)
As of April
29, 2023, the Company’s
share repurchase program had
944,379 shares remaining in
open
authorizations. During
the
second
quarter
ended July
29,
2023, the
Company repurchased
and
retired 34,726
shares under
this
program for
approximately $288,226
or
an average
market
price
of
$8.30
per
share.
As
of
July
29,
2023,
the
Company
had
909,653
shares
remaining
in
open authorizations. There is no specified expiration date for the Company’s repurchase program.
ITEM 3.
DEFAULTS
UPON SENIOR SECURITIES:
Not Applicable.
THE CATO CORPORATION
PART II OTHER
INFORMATION
33
ITEM 4.
MINE SAFETY DISCLOSURES:
Not Applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.