Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
On February 8, 2011, the Board of Directors authorized the Company to repurchase up to 500 thousand shares of the Company's outstanding common stock at market price. The plan does not expire. The stock repurchase program may be suspended, terminated, or modified at any time for any reason.
Common stock of CSP Inc. may be repurchased on the open market at the discretion of management. Open market repurchases are made in compliance with the Securities and Exchanges Commission’s Rule 10b-18 in addition to complying with applicable legal and other considerations. Below are the purchases that have been made for the three months ended June 30, 2026.
Period
Total number of shares purchased
Average price paid per share
Total number of shares purchased as part of publicly announced plans
Maximum number that may yet be purchased under the repurchase plan
April 1-30, 2026
—
—
—
256,844
May 1-31, 2026
3,200
$
9.78
3,200
253,644
June 1-30, 2026
9,390
$
9.14
9,390
244,254
Total
12,590
$
9.30
12,590
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.