Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Share Repurchases
In March 2005 the Company was authorized by the Board of Directors to repurchase up to $5.0 million worth of shares of its common stock.
The following table presents the share-repurchase activity for the quarter ended October 31, 2024:
Period
Total number of
shares purchased
(1)
Average price
paid per share
Total number of shares purchased as part of the publicly announced plan or program
Approximate dollar value of shares that may yet be purchased under the plan or program
August 1 - 31, 2024
-
-
-
$
1,453,862
September 1 - 30, 2024
-
-
-
$
1,453,862
October 1 - 31, 2024
7,893
$
12.62
7,893
$
1,354,252
Total
7,893
7,893
$
1,354,252
(1)
Shares withheld are from stock-based awards to satisfy required tax withholding obligations for the month of October 2024. There were no shares withheld during the months of August 2024 and September 2024.
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.