Richmond Mutual Bancorporation Inc
For the period ended Jun 30, 2024. Filed Aug 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.
Jun 30, 2024 · Filed Aug 9, 2024
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a)Not applicable
(b)Not applicable
(c)On June 6, 2023, the Company announced that the Board of Directors approved an amendment to the Company's existing stock repurchase program authorizing the purchase of up to 321,386 shares of the Company's issued and outstanding common stock in addition to the 827,554 shares remaining available for repurchase at that date under the existing program, and extending the stock repurchase program's expiration date to June 6, 2024, unless completed sooner. On May 16, 2024, the Company announced that the Board of Directors approved an extension of the Company's existing stock repurchase program, which had been scheduled to expire on June 6, 2024, for an additional year, now set to expire on June 6, 2025. The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended June 30, 2024:
| Totalnumber ofsharespurchased · Averagepricepaidper share · Total number ofshares purchasedas part ofpublicly announcedplans or programs · Maximum number of shares that may yet be purchased under the plans or programs | |||||
|---|---|---|---|---|---|
| April 1, 2024 - April 30, 2024 | 42,627 | $11.73 | 42,627 | 732,796 | |
| May 1, 2024 - May 31, 2024 | 21,280 | 11.58 | 21,280 | 711,516 | |
| June 1, 2024 - June 30, 2024 | 33,408 | 11.68 | 33,408 | 678,108 | |
| 97,315 | 97,315 | ||||
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