Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF
PROCEEDS AND ISSUER PURCHASES OF EQUITY SECURITIES
Repurchases
The following lists the repurchase of Company shares for the three months ended September 30, 2023:
Total
number of
Maximum
number
shares
purchased
of shares
that may
Total number
Average price
as part of
publicly
yet be
purchased
of hares
paid per
announced plan
under the plans
Fiscal Period
purchased (1)
share ($)
or program (2)
or program
Beginning balance
27,421
$ 7.10
27,421
972,579
July 1 - 31, 2023
-
-
-
972,579
August 1 - 31, 2023
197,210
5.70
197,210
775,369
September 1 - 30, 2023
-
-
-
775,369
Total
224,631
$ 5.87
224,631
775,369
(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 program began on May 10, 2023.
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 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable
ITEM 4. MINE SAFETY 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.