QUAINT OAK BANCORP INC
For the period ended Sep 30, 2024. Filed Nov 14, 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 14, 2024
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Item 1A. RISK FACTORS
There have been no material changes in the Risk Factors previously disclosed in Item 1A of our 2023 Form 10-K.
(a) Not applicable.
(b) Not applicable.
(c) Purchases of Equity Securities
The Company’s repurchases of its common stock made during the quarter ended September 30, 2024 including stock-for-stock option exercises of outstanding stock options, are set forth in the table below:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1) |
|---|---|---|---|---|
| July 1, 2024 – July 31, 2024 | 333 | $10.65 | - | 24,375 |
| August 1, 2024 – August 31, 2024 | - | - | - | 24,375 |
| September 1, 2024 – September 30, 2024 | - | - | - | 24,375 |
| Total | 333 | $10.65 | - | 24,375 |
Notes to this table:
| (1) | On December 12, 2018, the Board of Directors of Quaint Oak Bancorp approved its fifth share repurchase program which provides for the repurchase of up to 50,000 shares, or approximately 2.5% of the Company’s then issued and outstanding shares of common stock and announced the fifth repurchase program on Form 8-K filed on December 13, 2018. The repurchase program does not have an expiration date. |
| ITEM 3. | DEFAULTS UPON SENIOR SECURITIES |
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| ITEM 4. | MINE SAFETY DISCLOSURES |
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