NorthEast Community Bancorp, Inc./MD/ 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds On May 30, 2023, the Company announced that its Board of Directors had authorized a stock repurchase program to acquire up to 1,509,218 shares, or 10%, of the Company's currently issued and outstanding common stock commencing on May 30, 2023. The stock repurchase program is the Company’s second repurchase program since completing its second-step conversion and related stock offering in July 2021. The following table provides information on repurchases by the Company of its common stock under the Company’s stock repurchase program during the three and six months ended June 30, 2024: ​ ​ 50 Table of Contents ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of Shares ​ Maximum Number of ​ ​ ​ ​ ​ ​ ​ Purchased as Part of Shares that May Yet Be ​ Total Number of ​ Average Price Paid Publicly Announced Purchased Under the Period ​ Shares Purchased ​ ​ Per Share ​ Plans or Programs ​ Plans or Programs April 1 - 30, 2024 ​ 33,100 $ 14.98 33,100 460,138 May 1 - 31, 2024 ​ 9,050 ​ ​ 16.98 ​ 9,050 ​ 451,088 June 1 - 30, 2024 ​ 33,044 ​ ​ 16.92 ​ 33,044 ​ 418,044 Total ​ 75,194 ​ ​ ​ ​ 75,194 ​ ​ ​ ​ ​ Item 3. Defaults Upon Senior Securities Not applicable. ​ Item 4. Mine Safety Disclosures Not applicable. ​