NORWOOD FINANCIAL CORP
For the period ended Mar 31, 2024. Filed May 9, 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.
Mar 31, 2024 · Filed May 9, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
(a)Unregistered Sales of Equity Securities. Not Applicable.
(b)Use of Proceeds. Not Applicable
(c)Issuer Purchases of Equity Securities. Set forth below is information regarding the Company’s stock repurchases during the quarter ended March 31, 2024.
| Issuer Purchases of Equity Securities | |||||
|---|---|---|---|---|---|
| Maximum Number | |||||
| Total Number of · (or Approximate | |||||
| Total · Shares (or Units) · Dollar Value) of Shares | |||||
| Number · Average · Purchased as Part of · (or Units) | |||||
| of Shares · Price Paid · Publicly · that May Yet Be | |||||
| (or Units) · Per Share · Announced Plans · Purchased Under the | |||||
| Purchased · (or Unit) · or Programs * · Plans or Programs | |||||
| January 1 – 31, 2024 | - | $ | - | - | 274,094 |
| February 1 – 29, 2024 | - | - | - | 274,094 | |
| March 1 – 31, 2024 | - | - | - | 274,094 | |
| Total | - | $ | - | - | 274,094 |
*On March 30, 2021, the Company announced a share repurchase program for up to approximately 5% of the Company’s outstanding shares of common stock, or approximately 400,000 shares, in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. On March 19, 2008, the Company announced its intention to repurchase up to 5% of its outstanding common stock (approximately 226,050 split-adjusted shares) in the open market. On November 10, 2011, the Company announced that it had increased the number of shares which may be repurchased under its open-market program to 5% of its currently outstanding shares, or approximately 270,600 split-adjusted shares. Both share repurchase programs are currently in effect.
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