Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant ’ s Common Stock, Related Stockholder Matters and Issuer Purchases of Equity Securities
 
Refer to the information in the 2023 Annual Report, attached as Exhibit 13 to this Annual Report on Form 10-K, under the section “Shareholder Information”, which is incorporated by reference.
 
Issuer Purchases of Equity Securities
 
On August 10, 2022, the Board approved an amendment to the Company’s stock repurchase program which increased the maximum number of shares to be repurchased under the program up to 2,000,000 shares of the Company's Class A and/or Class B Common Stock, including the shares of convertible participating preferred stock of the Company, (collectively, the “Common Stock”). Under the repurchase program, the Company may purchase shares of Common Stock from time to time in the open market or in privately negotiated transactions in compliance with the applicable rules and regulations of the Securities and Exchange Commission. The Board also authorized the establishment of a stock trading plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, to make purchases of Common Stock pursuant to the stock repurchase program. The timing and amount of stock repurchases under the program, if any, will be at the discretion of management, and will depend on available cash, market conditions and other considerations. Therefore, we cannot assure you as to the number or aggregate dollar amount of shares, if any, that will be repurchased under the repurchase program. We may discontinue the program at any time. 
 
 
 Total Number of
 Average Price 
 
 
 
 Shares Purchased
 Paid per Share
 
Maximum Number
 
 
 
 
 
Total Number of Shares
(or Approximate Dollar Value) of 
 
Class A 
Class B 
Class A 
Class B 
Purchased as Part of Publicly 
Shares that May Yet Be Purchased 
Period
Common
Common
Common
Common
Announced Plans or Programs
Under the Plans or Programs
 01/01/2023 – 
 
 
 
 
 
 
 01/31/2023 
 
-
 
-
 
 
 02/01/2023 –
 
 
 
 
 
 
 02/28/2023
 
-
 
-
 
 
 03/01/2023–
 
 
 
 
 
 
 03/31/2023 
 
-
 
-
 
 
 Total
 -   
- 
 
- 
 -   
550,661
 
Item 6. Reserved
 
Item 7. Management ’ s Discussion and Analysis of Financial Condition and Results of Operations
 
Refer to the information in the 2023 Annual Report, attached as Exhibit 13 to this Annual Report on Form 10-K, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, which is incorporated by reference.
 
Item 7A. Quantitative and Qualitative Disclosures about Market Risk
 
Refer to the information in the 2023 Annual Report, attached as Exhibit 13 to this Annual Report on Form 10-K, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, which is incorporated by reference.
 
Item 8. Financial Statements and Supplementary Data
 
Refer to the information in the 2023 Annual Report, attached as Exhibit 13 to this Annual Report on Form 10-K, which is incorporated herein by reference.
 
13
Table of Contents
 
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
 
None.
 
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.