Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
On May 16, 2023, the Company announced a program to repurchase up to 164,842 shares of the Company’s outstanding common stock, or approximately 5% of the shares then outstanding. The program has no stated expiration date.
The following table summarizes the Company’s repurchases of its outstanding shares of common stock during the quarter ended September 30, 2023.
Total Number of
Shares Purchased
Average Price
Paid Per Share
Total Number of
Shares Purchased as Part of Publicly
Announced Plans
Maximum Number of
Shares That May
Yet be Purchased
Under the Plans
July 1, 2023 - July 31, 2023
26,950
$
12.46
26,950
87,625
August 1, 2023 - August 31, 2023
28,200
12.53
28,200
59,425
September 1, 2023 - September 30, 2023
22,000
12.59
22,000
37,425
Total
77,150
$
12.52
77,150
Item 3. Defaults Upon Senior Securities
None.
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.