Magyar Bancorp Inc
For the period ended Dec 31, 2023. Filed Feb 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.
Dec 31, 2023 · Filed Feb 14, 2024
MGYR$21.60-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unregistered Sales of Equity Securities and Use of Proceeds
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds |
| a.) | Not applicable. |
| b.) | Not applicable. |
| c.) | The Company repurchased 19,232 shares of its common stock during the three months ended December 31, 2023. Through December 31, 2023, the Company held 442,873 shares in treasury that were repurchased at a weighted average price of $11.51 pursuant to stock repurchase plans. On December 8, 2022, the Company announced a stock repurchase program of up to 5% of its outstanding shares of common stock, or 337,146 shares, 217,084 shares of which remained subject to repurchase under the plan. |
The following table reports information regarding repurchases of our common stock during the three months ended December 31, 2023.
| Remaining Number | |||
|---|---|---|---|
| Total Number | Average | of Shares That | |
| of Shares | Price Paid | May be Purchased | |
| Period | Purchased | Per Share | Under the Plan |
| October 1, 2023 through October 31, 2023 | 7,541 | $9.52 | 228,775 |
| November 1, 2023 through November 30, 2023 | 1,700 | 9.84 | 227,075 |
| December 1, 2023 through December 31, 2023 | 9,991 | 10.33 | 217,084 |
| Total | 19,232 | 9.97 | |
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