Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table presents information with respect to purchases of common stock of the Company made during the three months ended December 31 , 2020, by the Company.
COMPANY REPURCHASES OF EQUITY SECURITIES




Total # of
Shares
Purchased
Average
Price Paid
per Share
Total Number of Shares Purchased as
Part of Publicly Announced Plan (1)
Approximate Dollar Value of
Shares Available under Repurchase Plan
July 1 - December 31, 2020
—
$
—
—
$
2,139,753
(1)
In April of 1995, the Board of Directors approved a stock repurchase program authorizing the Company to purchase from time to time up to $2,000,000 of its common stock for its own account. Subsequently, the Board of Directors periodically has approved increases in the stock repurchase program. The most recent increase was for an additional $2,000,000 in October 2006, for a maximum of $45,500,000 of which $43,360,247 had been expended through December 31 , 2020.


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