Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Unregistered Sales of Equity Securities
None.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
On March 23, 2023 the Board of Directors re-authorized a stock repurchase program. Under the stock repurchase program, the Company may repurchase up to $1 million of its outstanding common stock over the next 12 months. During the period of March 24 through 31, 2023, the Company repurchased 47,467 of the Company’s stock representing 0.44% of the 10,828,398 outstanding shares at the end of June 30, 2022 at an average price of $1.025 per share.
$ in Thousands, except shares and dollar per share amounts.
Total Number of
Approximate
Shares
Dollar Value of
Purchased as
Shares that May
Total Number of
Part of Publicly
Yet Be Purchased
Shares
Average Price
Announced Plans
Under the Plans
Period
Purchased
Paid per Share
or Programs
or Programs
March 23, 2023 – March 31, 2023
47,467
$
1.025
47,467
$
951
Total
47,467
$
1.025
47,467
$
951
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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.