Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
(a) There were no sales of unregistered equity securities during the three months ended September 30, 2021.
(b) Not Applicable.
(c) In July 2021, the Company announced the approval by the Board of Directors (“the Board”) of a stock repurchase program to purchase up to $5,000 of its common shares in the open market. Any shares of common stock repurchased are held by the Company as treasury shares and will be available for general corporate purposes. The exact number of shares to be repurchased by the Company is not guaranteed. The stock repurchase program has an expiration date of August 31, 2022 and may be terminated or amended by the Board at any time prior to the expiration date.
The following table provides information regarding Ohio Valley’s repurchases of its common shares during the three months ended September 30, 2021:
Period
Total number of common shares purchased
Average price paid per common share
Total number of shares purchased as part of publicly announced plans or programs
Maximum approximate dollar value of shares that may yet be purchased under publicly announced plans or programs
July 1 - 31, 2021
----
----
----
$
5,000
August 1 - 31, 2021
5,621
$
27.19
5,621
$
4,847
September 1 - 30, 2021
10,948
$
27.91
10,948
$
4,542
TOTAL
16,569
$
27.67
16,569
$
4,542
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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