Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds (1).
Total
Number of
Shares
Purchased
Average
Price Paid
Per Share
Total
Number of
Shares
Purchased
As Part of
Publicly
Announced
Program
Maximum
Dollar Value
of Shares
That May
Yet Be
Purchased
Under The
Program
$ 5,000,000.00
February 2, 2026 - March 8, 2026
-
-
-
5,000,000
March 9, 2026 - April 5, 2026
-
-
-
5,000,000
April 6, 2026 - May 3, 2026
7,615
12.53
7,615
4,904,552
Total
7,615
$ 12.53
7,615
(1) In fiscal 2026 fourth quarter, our Board of Directors authorized the repurchase of up to $5 million of
the Company’s common shares. The authorization does not obligate us to acquire a specific number of shares during any period and
does not have an expiration date, but it may be modified, suspended, or discontinued at any time at the discretion of our Board of Directors.
Repurchases may be made from time to time in the open market, or through privately negotiated transactions or otherwise, in compliance
with applicable laws, rules and regulations, and subject to our cash requirements for other purposes, compliance with the covenants under
the loan agreement for our revolving credit facility and other factors we deem relevant.
During the first quarter of fiscal 2027,
pursuant to a plan compliant with the safe harbors of Rules 10b5-1 and 10b-18, we used approximately $96,000 of the authorization to purchase
7,615 of our common shares (at an average price of $12.53 per share), with approximately $4.9 million remaining available for future purchases
under the authorization.
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.