Item 2. Unregistered Sales of Equity Securities
Item 2: Unregistered Sales of Equity Securities and Use of Proceeds
Repurchases of Equity Securities
We repurchased 34,687 shares of our common stock during the three months ended March 31, 2023.
Period Total Number of Shares Purchased Average Price paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Shares the May Yet be Purchased Under the Program
January 1, 2023–January 31, 2023 6,651 $ 4.77 6,651 686,974
February 1, 2023–February 28, 2023 — $ — — 686,974
March 1, 2023–March 31, 2023 28,036 $ 5.50 28,036 658,938
34,687 34,687
In June 2022, the Company announced that its Board of Directors approved a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock. In 2022, the Company repurchased 306,375 shares of common stock for an aggregate purchase price of $1.6 million. As of December 31, 2022, there were 693,625 shares remaining to be repurchased under this program. The Company repurchased 34,687 shares of common stock in the three months ended March 31, 2023 for $186,000. There were 658,938 shares remaining to be repurchased under this program as of March 31, 2023.
Item 3: Defaults Upon Senior Securities
None.
Item 4: Mine Safety Disclosures
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.