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 January 31, 2025:
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
November 1 - 30, 2024
322
12.67
322
$ 1,350,172
December 1 - 31, 2024
-
-
-
$ 1,350,172
January 1 - 31, 2025
11,480
$ 18.42
11,480
$ 1,138,718
Total
11,802
11,802
$ 1,138,718
(1) Represents
shares withheld with respect to stock-based awards to satisfy required tax withholding obligations for the months of November 2024 and
January 2025. There were no shares withheld or otherwise repurchased during the month of December 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.