HURCO COMPANIES INC 10-Q

Item 2 . UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS On January 6, 2023, we announced a share repurchase program in an aggregate amount of up to $25.0 million. Repurchases under the program may be made in the open market or through privately negotiated transactions from time to time through November 10, 2024, subject to applicable laws, regulations, and contractual provisions. The program may be amended, suspended, or discontinued at any time and does not commit us to repurchase any shares of our common stock. During the three months and nine months ended July 31, 2024, we repurchased $0.5 million, or 29,413 shares, under that program, and $22.7 million remained available under the program as of that date. The table below summarizes the repurchase of our common stock made by us during the three months ended July 31, 2024. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Approximate ​ ​ ​ ​ ​ ​ ​ Total Number of ​ ​ Dollar Value of ​ ​ ​ ​ ​ ​ ​ Shares ​ ​ Shares that ​ ​ ​ ​ ​ ​ ​ Purchased as ​ ​ May Yet Be ​ ​ ​ ​ ​ ​ ​ Part of Publicly ​ ​ Purchased ​ ​ Total Number ​ ​ Average Price ​ Announced ​ ​ Under Plans or ​ ​ of Shares ​ ​ Paid per ​ Plans or ​ ​ Programs ​ Purchased ​ Share Programs ​ ($ in thousands) May 2024 ​ — ​ $ - ​ 0 ​ $ 23,192 June 2024 ​ — ​ $ - ​ 0 ​ $ 23,192 July 2024 ​ 29,413 ​ $ 17.27 (1) ​ 29,413 ​ $ 22,683 Total ​ 29,413 ​ ​ ​ ​ 29,413 ​ ​ ​ ____________________ (1) Reflects the average weighted price of the shares repurchased as part of the publicly announced programs and includes commissions paid related to our repurchase of shares of common stock. ​ In August 2024, we repurchased an additional $0.8 million, or 44,352 shares, under that program, leaving $21.9 million repurchase authority remaining as of August 30, 2024. ​