Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On March 17, 2021, the Board of Directors of the Company approved the adoption of a program to effect repurchases of the Company’s common stock with the intent to purchase up to $12 million worth of the Company’s outstanding common stock, or approximately 636,943 shares. During the three months ended March 31, 2021, the Company did not repurchase or retired any shares related to the March 17, 2021 stock repurchase plan. The share repurchase plan began on March 18, 2021 and will end on March 17, 2022.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None to report.
ITEM 4. MINE SAFETY DISCLOSURES
None to report.
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