XML 31 R17.htm IDEA: XBRL DOCUMENT v3.6.0.2
Share Repurchase Program
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Share Repurchase Program

10.       Share Repurchase Program

 

On October 28, 2015, Solitario’s Board of Directors approved a share repurchase program that initially authorized Solitario to purchase up to two million shares of its outstanding common stock through December 31, 2016. During 2016, Solitario’s Board of Directors extended the expiration date of the share repurchase program through December 31, 2017. During the years ended December 31, 2016 and 2015, Solitario purchased 475,600 and 145,000 shares of Solitario common stock, respectively, for an aggregate purchase price of $248,000 and $67,000, respectively. As of December 31, 2016, Solitario has purchased a total of 620,600 shares for an aggregate purchase price of $315,000 under the share repurchase program since its inception.