Citizens Community Bancorp Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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Jun 30, 2024 · Filed Aug 6, 2024
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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)Issuer Purchases of Equity Securities.
On July 23, 2021, the Board of Directors adopted a share repurchase program, pursuant to which Citizens Community Bancorp, Inc. is authorized to repurchase 532,962 shares of its common stock, or approximately 5% of the outstanding shares on that date. As of the beginning of the quarter ended June 30, 2024, 152,159 shares were available for purchase under the share repurchase program. During the quarter ended June 30, 2024, 109,000 shares were repurchased under the program. As of June 30, 2024, an additional 43,159 shares remain available for repurchase under the program. On July 25, 2024, the Board of Directors authorized an additional stock repurchase program of 5% or 512,709 shares. Together there are 555,868 shares available for repurchase under the share repurchase programs.
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs |
|---|---|---|---|---|
| April 1, 2024 - April 30, 2024 | — | $— | — | 152,159 |
| May 1, 2024 - May 31, 2024 | 50,000 | $11.45 | 50,000 | 102,159 |
| June 1, 2024 - June 30, 2024 | 59,000 | $11.14 | 59,000 | 43,159 |
| Total | 109,000 | $11.28 | 109,000 |
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