Item 2. Unregistered Sales of Equity Securities
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
(a) Not applicable.
(b) Not applicable.
(c) Issuer Purchases of Equity Securities.
On July 23, 2021, the Board of Directors adopted a share repurchase program, pursuant to which Citizens Community Bancorp, Inc. is authorized to repurchase 532,962 shares of its common stock, or approximately 5% of the outstanding shares on that date. As of the beginning of the quarter ended June 30, 2024, 152,159 shares were available for purchase under the share repurchase program. During the quarter ended June 30, 2024, 109,000 shares were repurchased under the program. As of June 30, 2024, an additional 43,159 shares remain available for repurchase under the program. On July 25, 2024, the Board of Directors authorized an additional stock repurchase program of 5% or 512,709 shares. Together there are 555,868 shares available for repurchase under the share repurchase programs.
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 of Shares that May Yet Be Purchased Under the Plans or Programs
April 1, 2024 - April 30, 2024 — $ — — 152,159
May 1, 2024 - May 31, 2024 50,000 $ 11.45 50,000 102,159
June 1, 2024 - June 30, 2024 59,000 $ 11.14 59,000 43,159
Total 109,000 $ 11.28 109,000
Item 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
Item 4. MINE SAFETY DISCLOSURES
Not applicable.
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