ASCENT INDUSTRIES CO
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
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Item 1A. Risk Factors
There were no material changes in our assessment of risk factors as discussed in Part I, Item 1A in the Company's Annual Report on Form 10-K for the year ended December 31, 2023.
Issuer Purchases of Equity Securities
The following table sets forth information with respect to purchases of the Company’s common stock on a trade date basis made during the three months ended September 30, 2024:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Programs1 | Number of Shares that May Yet Be Purchased under the Program |
|---|---|---|---|---|
| July 1, 2024 - July 31, 2024 | — | $— | — | 505,308 |
| August 1, 2024 - August 31, 2024 | 22,056 | 10.11 | 22,056 | 483,252 |
| September 1, 2024 - September 30, 2024 | 20,567 | 9.45 | 20,567 | 462,685 |
| As of September 30, 2024 | 42,623 | $9.79 | 42,623 | 462,685 |
1 Pursuant to the 790,383 share stock repurchase program re-authorized by the Board of Directors in December 2022. The stock repurchase program expires in February 2025 and there is no guarantee to the exact number of shares that will be repurchased by the Company over that period. See Note 10 for additional information.
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