Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered
Sales of Equity Securities and Use of Proceeds.
On
May 26, 2021, our Board of Directors approved a stock repurchase authorization. Under the authorization, we may repurchase up
to $3.0 million of outstanding shares of our common stock through May 26, 2022. The shares of our common stock may be repurchased
on the open market or in privately negotiated transactions subject to applicable securities laws and regulations. The following
table sets forth information concerning purchases of shares of our common stock for six months ended December 31, 2021:
Period
Total Number of Shares Purchased
Average
Price Paid
per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs
October 1 to October 31, 2021
-
$ -
-
$ 1,876,000
November 1 to November 30, 2021
55,687
$ 11.89
55,687
$ 1,258,000
December 1 to December 31, 2021
-
$ -
-
$ 1,258,000
Total
55,687
$ 11.89
55,687
Item
3. Defaults
Upon Senior Securities.
None.
Item
4. Mine
Safety Disclosures.
None.
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.