PRIMEENERGY RESOURCES CORP 10-K

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. Our common stock is listed and principally traded on the NASDAQ Stock Market under the ticker symbol “PNRG”. The following table presents the high and low prices per share of our common stock during certain periods, as reported in the consolidated transaction reporting system. High Low 2021 First Quarter $ 98.00 $ 34.33 Second Quarter 53.72 39.89 Third Quarter 73.80 45.20 Fourth Quarter 71.71 58.50 2020 First Quarter $ 154.38 $ 47.68 Second Quarter 110.79 49.70 Third Quarter 79.13 62.60 Fourth Quarter 71.80 42.39 The above quotations reflect inter-dealer prices, without retail mark-up, mark-down or commissions, and may not represent actual transactions. As of April 20, 2022, there were 224 registered holders of the common stock. Provisions of our line of credit agreement restrict our ability to pay dividends. Such dividends may be declared out of funds legally available therefore, when and as declared by our Board of Directors. ` Issuer Purchases of Equity Securities In December 1993, we announced that the Board of Directors authorized a stock repurchase program whereby we may purchase outstanding shares of the common stock from time-to-time, in open market transactions or negotiated sales. On October 31, 2012 and June 13, 2018, the Board of Directors of the Company approved an additional 500,000 and 200,000 respectively, shares of the Company’s stock to be included in the stock repurchase program. A total of 3,700,000 shares have been authorized, to date, under this program. Through December 31, 2021, a total of 3,554,379 shares have been repurchased under this program for $75,079,717 at an average price of $21.12 per share. Additional purchases of shares may occur as market conditions warrant. We expect future purchases will be funded with internally generated cash flow or from working capital. 2021 Month Number of Shares Average Price Paid per share Maximum Number of Shares that May Yet Be Purchased Under The Program at Month-End January — $ — 147,721 February — — 147,721 March — — 147,721 April — — 147,721 May — — 147,721 June — — 147,721 July — — 147,721 36 Table of Contents 2021 Month Number of Shares Average Price Paid per share Maximum Number of Shares that May Yet Be Purchased Under The Program at Month-End August — — 147,721 September — — 147,721 October — — 147,721 November — — 147,721 December 2,100 69.04 145,621 Total / Average 2,100 $ 69.04 Item 6. SELECTED FINANCIAL DATA We are a smaller reporting company and therefore no response is required pursuant to this Item.