SYPRIS SOLUTIONS INC
For the period ended Sep 29, 2024. Filed Nov 12, 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.
Sep 29, 2024 · Filed Nov 12, 2024
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Item 1A. Risk Factors
Information regarding risk factors appears in Part I — Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Forward-Looking Statements,” in this Quarterly Report on Form 10-Q, and in Part I — Item 1A, “Risk Factors,” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. There have been no material changes during the fiscal quarter from the risk factors disclosed in our Annual Report on Form 10-K.
The following table summarizes the shares of common stock that were repurchased by the Company – all from its current employees for withholding tax purposes – during the third quarter ended September 29, 2024 (dollars in thousands except per share data):
| Total Number of · Maximum | ||||
|---|---|---|---|---|
| Total | Average | Shares Purchased | Dollar Value of Shares | |
| Number | Price | as a Part of | that May Yet Be | |
| of Shares | Paid per | Publicly Announced | Purchased Under the | |
| Period | Purchased (a) | Share | Plans or Programs | Plans or Programs |
| 7/1//2024 – 7/28/2024 | 50,265 | $1.85 | — | $— |
| 7/29/2024 – 8/25/2024 | — | $— | — | $— |
| 8/26/2024 – 9/29/2024 | — | $— | — | $— |
| (a) | The total number of shares purchased includes shares of stock withheld for the payment of withholding taxes upon the vesting of restricted stock. Common shares withheld to satisfy tax withholding obligations were immediately cancelled. |
| Item 3. | Defaults Upon Senior Securities |
|---|
None.
| Item 4. | Mine Safety Disclosures |
|---|
Not applicable.
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