Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
On August 17, 2022, our Board of Directors authorized a share repurchase program to which up to 1,000,000 shares may be repurchased We began repurchasing shares under the authorization during the third quarter of 2022. Through September 30, 2022, we have repurchased 23,115 shares of common stock at an average price of $2.15, for a total investment of $49,680. The table below presents information with respect to common stock purchases made during the three months ended September 30, 2022.
Share Repurchase Activity
Period
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced
Dollar Value of Shares Purchased Under Publicly Announced Programs
August 17, 2022 – September 16, 2022
5,730
$
2.15
5,730
$
12,919
Open market and privately negotiated purchases
September 17, 2022 – October 17, 2022
17,385
$
2.15
17,385
$
36,761
Open market and privately negotiated purchases
Total
23,115
$
2.15
23,115
$
49,680
ITEM 3. Defaults Upon Senior Securities
None.
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.