Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities
Our
common stock is traded under the symbol “OPRX” on the Nasdaq Capital Market. At April 12,
2024 , there were approximately 8,453 shareholders of record of our common stock.
We
currently intend to retain future earnings for the operation of our business. We have never declared or paid cash dividends on our common
stock, and we do not anticipate paying any cash dividends in the foreseeable future. Any payment of future dividends will be at the discretion
of our board of directors and will depend upon, among other things, our earnings, financial condition, capital requirements, level of
indebtedness, and other factors that our board of directors deems relevant.
For
the information regarding our equity compensation plans, see PART III, Item 12, “Security Ownership of Certain Beneficial Owners
and Management and Related Stockholder Matters.”
Issuer
Purchases of Equity Securities
On
March 14, 2023, we announced that our Board of Directors had authorized the repurchase of up to $15 million of our outstanding common
stock. Under this program, share repurchases may be made from time to time depending on market conditions, share price and availability
and other factors at our discretion. During the quarter ended December 31, 2023, no shares were repurchased under the program. As
of December 31, 2023, $7,488,116 of shares were available for repurchase under the program. This stock repurchase authorization
expired on March 12 , 2024.
Item
6. Reserved
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