QNB CORP
For the period ended Mar 31, 2024. Filed May 9, 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.
Mar 31, 2024 · Filed May 9, 2024
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UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
QNB did not repurchase shares of its common stock during the quarter ended March 31, 2024. The following provides certain information relating to QNB's stock repurchase plan.
| Period | Total Number ofShares Purchased | Average PricePaid per Share | Total Number ofSharesPurchased asPart of PubliclyAnnouncedPlan | MaximumNumber ofShares thatmay yet bePurchasedUnder the Plan |
|---|---|---|---|---|
| January 1, 2024 through January 31, 2024 | — | $— | — | 98,000 |
| February 1, 2024 through February 29, 2024 | — | — | — | 98,000 |
| March 1, 2024 through March 31, 2024 | — | — | — | 98,000 |
| Total | — | $— | — | 98,000 |
(1)
Transactions are reported as of trade dates.
(2)
QNB’s current stock repurchase plan was approved by its Board of Directors and announced on January 24, 2008, increased on February 9, 2009 and subsequently increased on April 27, 2021.
(3)
The total number of shares approved for repurchase under QNB’s current stock repurchase plan is 200,000.
(4)
QNB’s current stock repurchase plan has no expiration date.
(5)
QNB has no stock repurchase plan that it has determined to terminate or under which it does not intend to make further purchases.
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