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) Repurchases of Common Shares
The Company announced on June
21, 2019, a share repurchase program authorizing the repurchase of up to 400,000 common shares of the Company through December
31, 2019. On February 7, 2020, the Company announced that its board of directors has authorized the extension of the Company’s
share repurchase program through December 31, 2020. The table below sets forth information regarding common shares repurchased
by the Company during the quarter ended June 30, 2020.
Period
(a)
Total Number of Shares Purchased
(b)
Weighted Average Price Paid per Share
(c)
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
(d)
Maximum Number of Shares that May Yet be Purchased Under the Plans or Programs
04/01/20 - 04/30/20
46,046
$ 13.69
46,046
44,716
05/01/20 - 05/31/20
44,716
15.09
44,716
-
06/01/20 - 06/30/20
-
0.00
-
-
Total
90,762
$ 14.38
90,762
-
On July 21, 2020, the Company
announced a new share repurchase program authorizing the repurchase of up to 500,000 common shares of the Company through December
31, 2021.
Item 3. Defaults Upon Senior Securities
Not applicable
Item 4. Mine Safety Disclosures
Not applicable
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