Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
The Company’s common stock is traded on the NASDAQ Global Market under the symbol “CBFV.” The approximate number of holders of record of the Company’s common stock as of March 12, 2025, was 584. Certain shares of Company common stock are held in “nominee” or “street” name and accordingly, the number of beneficial owners of such shares is not known or included in the foregoing number.
Equity Compensation Plans
The following table provides information at December 31, 2024, for compensation plans under which equity securities may be issued.
Plan Category Number of securities
to be issued upon
exercise of
outstanding options
warrants and rights Weighted-average
exercise price of
outstanding options
warrants and rights Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding securities
reflected in column (A))
(A) (B) (C)
Equity compensation plans:
Approved by stockholders 377,088 (1)
$ 23.65 (1)
287,500 (2)
Not approved by stockholders — — —
Total 377,088 $ 23.65 287,500
(1) Represents stock options available to be exercised from Treasury Stock under the 2015 Equity Incentive Plan (the "2015 Plan") and stock options granted under the 2021 Equity Incentive Plan (the "2021 Plan") that can be issued from a reserve upon exercise. The 2015 and 2021 Plans shall remain in effect as long as any awards are outstanding, but as a result of the approval of the 2024 Equity Incentive Plan, no more awards can be granted under the 2015 and 2021 Plans.
(2) Represents shares available under the 2024 Plan (the "Share Limit") that can be issued. At December 31, 2024, there have been no restricted shares granted under the 2024 Plan.
Issuer Purchases of Equity Securities
The Company made the following purchases of its common stock during the three months ended December 31, 2024.
Period Total Number of Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as
Part of the Publicly Announced Program Approximate Dollar Value of Shares That
May Yet Be Purchased Under the Program (2)
October 1-31, 2024 1,092 $ 28.41 1,092 $ 6,980,522
November 1-30, 2024 5,547 28.78 5,547 6,821,989
December 1-31, 2024 5,531 28.84 5,531 6,663,913
Total
12,170 $ 28.77 12,170
(1) On July 22, 2024, the Company announced that the Board had approved a program commencing on July 25, 2024 to repurchase up to 5%, or 257,095 shares, of the Company's then outstanding common stock. This repurchase program is set to expire on July 25, 2025. In connection with the program, the Company has purchased a total of 23,928 shares of the Company's common stock at an average price of $27.47 per share.
(2) Based on the closing price of the Company's common stock on December 31, 2024, which was $28.58.
ITEM 6. [RESERVED]
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