Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
Share Repurchase Plan
ISSUER PURCHASES OF EQUITY SECURITIES
Period
Total Number of Shares
(or Units) Purchased
Average Price Paid per
Share (or Units)
Total Number of Shares Purchased as Part of
Publicly Announced Plans
or
Programs (1)
Maximum Approximate Dollar Value of
Shares that May Yet Be Purchased Under
the
Plans or Programs (1)
(In thousands)
01/01/2024-01/31/2024
1,000
$1.00
1,000
$499
02/01/2024-02/29/2024
-
-
-
-
03/01/2024-03/31/2024
-
-
-
-
Total
1,000
$1.00
1,000
$499
(1) Purchases made pursuant to the Company’s
share repurchase program announced on December 8, 2024, pursuant to which the Company is authorized to purchase up to $0.5 million worth
of shares of its common stock so long as the price per share does not exceed $1.00. Under the repurchase program, shares of the Company’s
common stock may be repurchased from time to time in open market transactions, in privately negotiated transactions or otherwise. The
timing and the actual number of shares repurchased depend on a variety of factors, including legal requirements, price and economic and
market conditions. The repurchase program may be suspended or discontinued at any time until it expires on December 14, 2024.
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.