Great Elm Group, Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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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, 2025 · Filed Nov 12, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
In May 2025, the Company implemented a stock buyback program pursuant to Rule 10b5-1 under the Exchange Act authorizing us to repurchase up to 1,575,000 shares of our common stock in open market transactions through the close of business on the second full trading day following the filing with the SEC of the Company's Form 10-K for the fiscal year ended June 30, 2025 unless extended or terminated by our Board. No shares were repurchased under this plan in the quarter ending September 30, 2025. This stock buyback program expired on May 9, 2025.
In July 2025, the Board authorized an increase in the Company’s stock repurchase plan from $20 million to $25 million.
In September 2025, the Company implemented a stock buyback program pursuant to Rule 10b5-1 under the Exchange Act authorizing us to repurchase up to 4,000,000 shares of our common stock in open market transactions through the close of business on the second full trading day following the filing with the SEC of the Company's Form 10-K for the quarter ended September 30, 2025 unless extended or terminated by our Board. No shares were repurchased under this plan in the quarter ending September 30, 2025.
The following table summarizes common stock repurchases during the three months ended September 30, 2025:
| Month · Total Number of Shares Purchased(1) · Average Price Paid Per Share · Total Number of Shares Purchased as Part of 10b5-1 Plans · Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs | |||||
|---|---|---|---|---|---|
| July 1-31, 2025 | - | $ | - | - | 1,575,000 |
| August 1-31, 2025 | - | $ | - | - | 1,575,000 |
| September 1-30, 2025 | 252,364 | $2.78 | - | - | |
| Total | 252,364 | $2.78 | - | ||
(1)All shares were purchased in open market transactions.
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