Item 8.01 Other Events General
The board also authorized the company, at the discretion of management, to enter into written trading plans under rule 10b5-1 of the Exchange Act. Adopting a trading plan that meets the conditions of Rule 10b5-1 allows a company to redeem its shares at times when it might otherwise be precluded from doing so due to blackout periods. imposed or under insider trading laws. Under any Rule 10b5-1 trading plan, the Company’s third-party broker, subject to
The Company cannot predict when or if it will repurchase common shares, as this share repurchase program will depend on a number of factors, including the constraints specified in the trading plans of Rule 10b5-1, the prices, general business and market conditions, and alternative investment opportunities. Information regarding share repurchases will be available in the Company’s periodic reports on forms 10-Q and 10-K filed with the
The share buyback program was announced by the Company in its press release announcing its financial results for the three and nine month period ended.
This current report on Form 8-K contains forward-looking statements. Forward-looking statements include, without limitation, statements regarding expectations, intentions and strategies regarding the future. Further, any statement that refers to projections, forecasts or other characterizations of future events or circumstances, including underlying assumptions, are forward-looking statements. The words “target”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “‘expect”, “intend”, “could”, “could”, “could” , “Potential”, “predicted”, “project”, “should”, “should” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this document are based on current expectations and beliefs regarding future developments and their potential effects on the Company and its subsidiaries. There can be no assurance that future developments will be those anticipated. These forward-looking statements involve numerous risks, uncertainties (some of which are beyond the control of the Company) or other assumptions which may lead to actual results or performance materially different from those expressed or implied by these forward-looking statements. The Company assumes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. .
Item 9.01 Financial statements, pro forma financial information and supporting documents.
(d) Exhibits: Exhibit Description 99.1 Press Release issued
November 8, 2021104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
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