BEASLEY BROADCAST GROUP INC
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
Repurchases of Equity Securities
The following table presents information with respect to purchases we made of our Class A common stock during the three months ended March 31, 2024.
| Period · Total Number of Shares Purchased · Average Price Paid per Share · Total Number of Shares Purchased as Part of Publicly Announced Program · Approximate Dollar Value of SharesThat May Yet Be Purchased Under the Program | |||||
|---|---|---|---|---|---|
| January 1 – 31, 2024 | 7,633 | $0.91 | - | - | |
| February 1 – 29, 2024 | - | $ | - | - | - |
| March 1 – 31, 2024 | 7,025 | $0.81 | - | - | |
| Total | 14,658 | ||||
On March 27, 2007, our board of directors approved the Beasley Broadcast Group, Inc. 2007 Equity Incentive Award Plan (the “2007 Plan”). The original ten-year term of the 2007 Plan ended on March 27, 2017. Our stockholders approved an amendment to the 2007 Plan at the Annual Meeting of Stockholders on June 8, 2017 to, among other things, extend the term of the 2007 Plan until March 27, 2027. The 2007 Plan permits us to purchase sufficient shares to fund withholding taxes in connection with the vesting of restricted stock units. All shares purchased during the three months ended March 31, 2024 were purchased to fund withholding taxes in connection with the vesting of restricted stock units.
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