Concrete Pumping Holdings Inc
For the period ended Jul 31, 2024. Filed Sep 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2024 · Filed Sep 4, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Issuer Purchases of Equity Securities
During the third quarter of 2024, under our share repurchase program, we repurchased an aggregate of 370,419 shares of our common stock for a total of $2.5 million at an average price of $6.64 per share. The following table reflects issuer purchases of equity securities for the three months ended July 31, 2024:
ISSUER PURCHASES OF EQUITY SECURITIES
| Period | Total Number of Shares Purchased (1) | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet be Purchased under the Plans or Programs (2,3) |
|---|---|---|---|---|
| May 1, 2024 - May 31, 2024 | 124,425 | $6.91 | 124,425 | $21,050,680 |
| June 1, 2024 - June 30, 2024 | 111,971 | 6.64 | 111,971 | 20,307,317 |
| July 1, 2024 - July 31, 2024 | 134,023 | 6.40 | 134,023 | 19,450,057 |
| Total | 370,419 | $6.64 | 370,419 | $19,450,057 |
| (1) | In January 2023, the board of directors of the Company approved an authorization of $10.0 million for the Company’s share repurchase program, which was announced January 23, 2023. This authorization expires on March 31, 2025. In March 2024, the board of directors of the Company approved a $15.0 million increase to the Company's share repurchase program, which was announced March 7, 2024. This authorization also expires on March 31, 2025. |
| (2) | Includes commission cost. |
| (3) | Dollar value of shares that may yet be purchased under the repurchase program is as of the end of the period. |
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