Envela Corp 10-K

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES Trading Symbol for Common Stock The Company’s Common Stock is traded on the NYSE American Exchange, under the symbol “ELA.” Holders of Record As of March 17, 2024, we had 217 record holders of our Common Stock. Dividends The Company has not paid any cash dividends on its Common Stock to date. The payment of cash dividends in the future will be dependent upon the Company’s revenues and earnings, capital requirements, and general financial condition. The payment of any cash dividends will be within the discretion of the Company’s Board at such time. In addition, the Company is not currently contemplating and does not anticipate declaring any stock dividends in the foreseeable future as it is currently expected that available cash resources will be utilized in connection with our ongoing operations, capital expenditures, and growth initiatives. Issuer Purchases of Equity Securities The following lists the repurchase of Company shares as of December 31, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ ​ ​ ​ Shares Purchased ​ ​ ​ ​ ​ ​ ​ Maximum Number ​ ​ as Part of Publicly ​ ​ ​ ​ ​ ​ ​ of Shares that May ​ ​ Announced Plan ​ Average Price ​ Total Price ​ Yet be Purchased Fiscal Period ​ or Program (1) (2) ​ Paid Per Share ($) ​ Paid ​ Under the Plans Balance as of January 1, 2024 415,973 ​ $ 5.18 ​ $ 2,155,049 584,027 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ January 1 - 31, 2024 ​ 59,417 ​ ​ 4.52 ​ ​ 268,569 ​ 524,610 February 1 - 29, 2024 ​ 56,343 ​ ​ 4.53 ​ ​ 255,195 ​ 468,267 March 1 - 31, 2024 ​ 85,580 ​ ​ 4.46 ​ ​ 381,382 ​ 382,687 April 1 - 30, 2024 ​ 30,891 ​ ​ 4.66 ​ ​ 143,840 ​ 351,796 May 1 - 31, 2024 ​ 37,672 ​ ​ 4.65 ​ ​ 175,257 ​ 314,124 June 1 - 30, 2024 ​ 83,526 ​ ​ 4.74 ​ ​ 396,242 ​ 230,598 July 1 - 31, 2024 ​ 75,326 ​ ​ 4.87 ​ ​ 367,144 ​ 155,272 August 1 - 31, 2024 ​ 51,353 ​ ​ 4.98 ​ ​ 255,633 ​ 103,919 September 1 - 30, 2024 ​ 20,516 ​ ​ 5.15 ​ ​ 105,733 ​ 83,403 October 1 - 31, 2024 ​ 11,787 ​ ​ 5.25 ​ ​ 61,905 ​ 71,616 November 1 - 30, 2024 546 ​ 5.26 ​ 2,874 71,070 December 1 - 31, 2024 — ​ — ​ — 71,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of December 31, 2024 928,930 ​ $ 4.92 ​ $ 4,568,823 71,070 ​ (1) All shares were purchased in open-market transactions through the stock repurchase program approved by the Board on March 14, 2023, for the repurchase of up to one million shares of the Company’s Common Stock. (2) The stock repurchase program was publicly announced on May 3, 2023, and expires March 31, 2026. Repurchases under the stock repurchase plan began on May 10, 2023. 23 Table of Contents The timing and amount of any Common Stock repurchased under the program will depend on a variety of factors including price, corporate and regulatory requirements, capital availability, and other market conditions. ​ ITEM 6. [RESERVED] ​