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Equity | 12 Months Ended
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Dec. 31, 2023
Equity |
Equity | Note 8: Equity Dividends The Company did not pay any dividends during the years ended December 31, 2023 and 2022. Preferred stock and common stock There were no issuances of preferred stock or common stock during the years ended December 31, 2023 and 2022 other than stock awarded to employees and the Board of Directors as well as the shares issued as part of the Newswire acquisition (see Note 4). Stock repurchase and retirement On March 1, 2022, the Company’s board of directors authorized a stock repurchase program under which the Company was authorized to repurchase up to $5,000,000 of its common shares. As of August 31, 2022, the Company completed the repurchase program by purchasing a total of 207,964 shares as shown in the table below ($ in 000’s, except share or per share amounts):
|  | Shares Repurchased |
Period |  | Total Number of Shares Repurchased |  |  | Average Price Paid Per Share |  |  | Total Number of Shares Purchased as Part of Publicly Announced Program |  |  | Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program |
March 1-31, 2022 |  |  | 6,200 |  |  | $ | 29.35 |  |  |  | 6,200 |  |  | $ | 4,818 |
April 1-30, 2022 |  |  | 8,226 |  |  |  | 27.76 |  |  |  | 8,226 |  |  |  | 4,590 |
May 1-31, 2022 |  |  | 80,748 |  |  |  | 22.92 |  |  |  | 80,748 |  |  |  | 2,739 |
June 1-30, 2022 |  |  | 74,227 |  |  |  | 23.98 |  |  |  | 74,227 |  |  |  | 959 |
July 1-31, 2022 |  |  | 32,392 |  |  |  | 24.88 |  |  |  | 32,392 |  |  |  | 153 |
August 1-31, 2022 |  |  | 6,171 |  |  |  | 24.79 |  |  |  | 6,171 |  |  |  | — |
No shares repurchased between September 2022 and December 2023
Total |  |  | 207,964 |  |  | $ | 24.04 |  |  |  | 207,964 |  |  | $ | — |

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