Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equi ty Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
The following table details repurchases by the Company and purchases by "affiliated purchasers" as defined in Rule 10b-18(a)(3) under the Exchange Act of the Company's common shares during the second quarter ended June 30, 2025.
Period
Total Number of
Shares Purchased
Average Price Paid
per Share
Total Number of Shares
Purchased as Part of
Publicly Announced
Plans or Programs
Maximum Number
(or Approximate Dollar
Value) of Shares (Units)
that May Yet Be
Purchased Under the
Plans or Programs
April 1, 2025 - April 30, 2025
—
$
—
—
$
12,003,223
May 1, 2025 - May 31, 2025
—
$
—
—
$
12,003,223
June 1, 2025 - June 30, 2025
—
$
—
—
$
12,003,223
Total
—
$
—
—
$
12,003,223
On April 16, 2023, the Company announced a common share repurchase program pursuant to which the Company was authorized to repurchase a maximum aggregate value of $13.5 million of its outstanding common shares through April 25, 2025. An aggregate of $1,496,777 of common shares were repurchased by the Company under this repurchase program through April 25, 2025.
On April 15, 2025, the Company announced a new common share repurchase program pursuant to which the Company is authorized to repurchase a maximum aggregate value of $13.5 million of its outstanding common shares through April 15, 2026. An aggregate of $12,003,223 of common shares remained available for repurchases under this program as of June 30, 2025.
Page 59
Civista Bancshares, Inc.
Other Information
Form 10-Q
Item 3. Defaults Upo n Senior Securities
None
Item 4. Mine Saf ety 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.