NETSOL TECHNOLOGIES INC 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds The repurchases provided in the table below were made through the quarter ended December 31, 2020: Issuer Purchases of Equity Securities (1) Month Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that may be Purchased Under the Plans or Programs Jul-20 21,940 $ 3.02 21,940 - Aug-20 125,112 $ 3.18 147,052 - Oct-20 102,023 $ 2.94 249,075 - Nov-20 124,715 $ 3.00 373,790 - Dec-20 73,206 $ 3.47 446,996 - Total 446,996 446,996 641,025 (1) The Board of Directors approved a repurchase of shares up to $2,000,000 on July 30, 2020. Based on the share price reported on NASDAQ on July 30, 2020, the maximum number of shares that could be purchased was 641,205. The actual maximum number of shares will vary depending on the actual price paid per share purchased. The Board of Directors agreed to the extension of the repurchasing plan through June 28, 2021. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.