INVESTORS TITLE CO 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds There were no sales of unregistered equity securities during the quarter ended March 31, 2021. The following table provides information about purchases by the Company (and all affiliated purchasers), during the quarter ended March 31, 2021, of equity securities that are registered by the Company pursuant to Section 12 of the Exchange Act: Issuer Purchases of Equity Securities (unrounded) Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plan Maximum Number of Shares that May Yet Be Purchased Under the Plan (*) Beginning of period 428,161 January 1 through January 31, 2021 — $ — — 428,161 February 1 through February 28, 2021 — — — 428,161 March 1 through March 31, 2021 — — — 428,161 Total — $ — — 428,161 (*) For the quarter ended March 31, 2021, the Company purchased no shares of the Company’s common stock pursuant to the Company’s ongoing purchase program that was initially announced on June 5, 2000. On November 9, 2015, the Board of Directors of the Company approved the purchase of an additional 163,335 shares pursuant to the Company’s repurchase plan, such that there was authority remaining under the plan to purchase up to an aggregate of 500,000 shares of the Company’s common stock pursuant to the plan immediately after this approval. Unless terminated earlier by resolution of the Board of Directors, the plan will expire when all shares authorized for purchase under the plan (as such number may be amended by the Board) have been purchased. The Company anticipates making further purchases under this plan from time to time in the future, depending on such factors as the prevailing market price of the Company’s common stock, the Company’s available cash and then existing alternative uses for such cash. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not Applicable.