Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
(a) Not applicable
(b) Not applicable
(c) On October 21, 2020, the Board of Directors of the Company authorized a stock repurchase program for the repurchase of up to 664,969 shares, or approximately 5% of the Company’s then outstanding common shares. This repurchase program will expire on November 16, 2021, unless completed sooner. The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended March 31, 2021:
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 yet be purchased under the plans or programs
January 1, 2021 - January 31, 2021 44,491 $ 13.63 44,491 514,858
February 1, 2021 - February 28, 2021 42,705 13.08 42,705 472,153
March 1, 2021 - March 31, 2021 55,568 13.92 55,568 416,585
142,764 $ 13.58 142,764 416,585
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Nothing to report.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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