Magyar Bancorp Inc
For the period ended Jun 30, 2024. Filed Aug 13, 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.
Jun 30, 2024 · Filed Aug 13, 2024
MGYR$21.60-1.2%Stored close · as of Nov 10, 2026
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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 85,628 shares of its common stock during the nine months ended June 30, 2024. Through June 30, 2024, the Company held 509,269 shares in treasury that were repurchased at a weighted average price of $12.40 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, 150,688 shares of which remained subject to repurchase under the plan at the nine months ended June 30, 2024. |
The following table reports information regarding repurchases of our common stock during the current quarter ended June 30, 2024.
| Remaining Number | |||
|---|---|---|---|
| Total Number | Average | of Shares That | |
| of Shares | Price Paid | May be Purchased | |
| Period | Purchased | Per Share | Under the Plan |
| April 1, 2024 through April 30, 2024 | 8,579 | $11.10 | 155,992 |
| May 1, 2024 through May 31, 2024 | 3,444 | $11.08 | 152,548 |
| June 1, 2024 through June 30, 2024 | 1,860 | $11.00 | 150,688 |
| Total | 13,883 | $11.08 | |
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