NATIONAL BANKSHARES INC 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds   Purchases of Equity Securities by the Issuer Share repurchase activity during the six months ended June 30, 2021 was as follows:   Period   Total Number of Shares Purchased (1)   Average Price Paid Per Share   Total Number of Shares Purchased as Part of Publicly Announced Program (1)   Number of Shares that May Yet Be Purchased Under the Program (1) April 1, 2021 – April 30, 2021     88,530     $ 35.81       88,530       742,084   May 1, 2021 – May 31, 2021     61,600       35.61       61,600       680,484   June 1, 2021 – June 30, 2021     -       -       -       1,000,000   Total during second quarter 2021     150,130     $ 35.48       150,130             (1)  In May 2020, the Company announced the Board of Directors had authorized a 1,000,000 share repurchase program. The authorization began June 1, 2020 and expired May 31, 2021. In May 2021, the Company announced the Board of Directors had authorized a 1,000,000 share repurchase program. The authorization began June 1, 2021 and expires May 31, 2022. The Company’s share repurchase program does not obligate it to acquire any specific number of shares.   Item 3. Defaults Upon Senior Securities   None.   Item 4. Mine Safety Disclosures   Not applicable.