Eagle Bancorp Montana, Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
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.
Mar 31, 2025 · Filed May 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds. |
|---|
On April 24, 2025, Eagle's Board of Directors (the "Board") authorized the repurchase of up to 400,000 shares of its common stock beginning May 1, 2025. Under the plan, shares may be purchased by the Company on the open market or in privately negotiated transactions. The extent to which the company repurchases its shares and the timing of such repurchase will depend on market conditions and other corporate considerations. The plan expires on May 1, 2026.
On April 18, 2024, Eagle's Board of Directors (the "Board") authorized the repurchase of up to 400,000 shares of its common stock beginning May 1, 2024 (the "2024 Repurchase Plan"). Under the 2024 Repurchase Plan, shares may be purchased by the Company on the open market or in privately negotiated transactions. The extent to which the company repurchases its shares and the timing of such repurchase will depend on market conditions and other corporate considerations. No shares were purchased during the second or third quarter of 2024 under the 2024 Repurchase Plan. During the fourth quarter of 2024, 25,000 shares were purchased under the 2024 Repurchase Plan at an average of $16.74. The following table summarized the Company's purchase of its common stock for the three months ended March 31, 2025 under the 2024 Repurchase Plan.
| Total Number · Maximum | ||||
|---|---|---|---|---|
| of Shares · Number of | ||||
| Purchased · Shares that | ||||
| Total · as Part of · May Yet Be | ||||
| Number of | Average | Publicly | Purchased | |
| Shares | Price Paid | Announced Plans | Under the Plans | |
| Purchased | Per Share | or Programs | or Programs | |
| January 1, 2025 through January 31, 2025 | 50,000 | $15.11 | 50,000 | 325,000 |
| February 1, 2025 through February 28, 2025 | - | - | - | 325,000 |
| March 1, 2025 through March 31, 2025 | - | - | - | 325,000 |
| Total | 50,000 | $15.11 | 50,000 | |
During April 2025, the Company purchased 25,000 shares at an average price of $16.34 per share under the 2024 Repurchase Plan. The 2024 Repurchase Plan expired on May 1, 2025.
On April 20, 2023, the Board authorized the repurchase of up to 400,000 shares of its common stock beginning May 1, 2023. Under the plan, shares could be purchased by the Company on the open market or in privately negotiated transactions. The extent to which the company repurchased its shares and the timing of such repurchases depended on market conditions and other corporate considerations. During the second quarter of 2023, 17,901 shares were purchased under this plan at an average price of $12.89. No shares were purchased during the third or fourth quarter of 2023 under this plan. No shares were purchased during the first or second quarter of 2024 under this plan.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.