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 had authorized the extension of the Company’s
share repurchase program through December 31, 2020. The Company completed the repurchase in May 2020.
On July 21, 2020, the Company announced
that its board of directors had approved a new share repurchase program authorizing the repurchase of up to 500,000 common shares
of the Company through December 31, 2021. The table below sets forth information regarding common shares repurchased by the Company
during the quarter ended September 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
07/01/20 - 07/31/20
-
$ 0.00
-
-
08/01/20 - 08/31/20
46,491
13.44
46,491
453,509
09/01/20 - 09/30/20
27,026
14.07
27,026
426,483
Total
73,517
$ 13.67
73,517
426,483
43
Item 3. Defaults Upon Senior Securities
Not applicable
Item 4. Mine Safety Disclosures
Not applicable
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.