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. On November 9, 2023, the Company announced a second repurchase plan to repurchase 161,316 shares or approximately 5% of the shares outstanding. The program has no stated expiration date. As of September 30, 2024, the Company had repurchased 244,773 shares under the plans.
The following table summarizes the Company’s repurchases of its outstanding shares of common stock during the quarter ended September 30, 2024.
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, 2024 - July 31, 2024
-
$
-
-
110,716
August 1, 2024 - August 31, 2024
19,331
13.92
19,331
91,385
September 1, 2024 - September 30, 2024
10,000
14.85
10,000
81,385
Total
29,331
$
14.23
29,331
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.