Item 5. Market for Registrant’s Common Equity
ITEM 5.
MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Common Stock
Our common stock is traded on the Nasdaq Capital Market under the symbol
“LTRX.” The number of holders of record of our common stock as of August 19, 2021 was approximately 37.
Dividend Policy
We have never declared or paid cash dividends on our common stock.
We do not anticipate paying any cash dividends on our common stock in the foreseeable future, and we intend to retain any future earnings
for use in the expansion of our business and for general corporate purposes. Any future decision to declare or pay dividends will be made
by our board of directors in its sole discretion and will depend upon our financial condition, operating results, capital requirements
and other factors that our board of directors deems appropriate at the time of its decision.
Issuer Repurchases
We did not repurchase any shares of our common stock during the fourth
quarter of fiscal 2021.
ITEM 6.
RESERVED
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.