Item 2. Unregistered Sales of Equity Securities
ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On April 30, 2025, the Board had approved a share repurchase program authorizing the Company to repurchase up to 400,000 shares of the Company’s common stock through April 2030. Current authorization for 200,000 shares expiring August 29, 2025. The Company’s share repurchase program does not obligate it to acquire the Company’s common stock at any specific cost per share. Under this program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Below is a summary of the Company’s share repurchases during the second quarter of 2025 under the share repurchase program.
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
March 30, 2025 - May 3, 2025
-
$ -
-
400,000
May 4, 2025 - May 31, 2025
18,261
23.49
18,261
381,739
June 1, 2025 - June 28, 2025
12,701
23.15
12,701
369,038
Total
30,962
$ 23.35
30,962
369,038
ITEM 3 – DEFAULTS UPON SENIOR SECURITIES
None.
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.