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Note 8 - Shareholders' Equity

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

8

. Shareholders’ Equity

Stock Repurchase Program

On

March 9, 2016,

the Board of Directors of the Company authorized the repurchase of up to

$10,000

 of the Company’s outstanding shares of common stock under a stock repurchase program. In connection with the repurchase authorization, the Company was authorized to complete the repurchase through open market transactions or through an accelerated share repurchase program, in each case to be executed at management’s discretion based on business and market conditions, stock price, trading restrictions, acquisition activity and other factors. The transactions effectuated to date occurred in open market purchases.

On

March 1, 2017,

the Board of Directors of the Company renewed and extended the repurchase program for up to an additional

$10,000

of common stock over the next

twelve

months. In connection with the repurchase extension authorization, the Company was authorized to complete the repurchase through open market transactions or through an accelerated share repurchase program, in each case to be executed at management’s discretion based on business and market conditions, stock price, trading restrictions, acquisition activity and other factors. The transactions effectuated to date occurred in open market purchases.

During the 

three

 months ended 

March 31, 2018, 

we acquired the following shares of common stock under the stock repurchase program authorized by the Board of Directors in

March 2016

and renewed and extended in

March 2017:

Period		Total Number of  Shares Purchased				Average Price  Paid per Share				Total Number of  Shares Purchased  as Part of Publicly  Announced Plans  or Programs
Jan 2018			8,652			$	8.57				8,652
February 2018			7,019				8.26				7,019
March 2018			1,878				8.02				1,878
Total			17,549				8.39				17,549

Upon expiry of this repurchase program in

March 2018,

the program was

not

renewed again.

Cash Dividends

On

February 21, 2018,

the Company declared a cash dividend of

$0.07

per share of ClearOne common stock. The dividend was paid on

March 21, 2018

to shareholders of record as of

March 7, 2018

.

On

June 13, 2018,

the Company announced the suspension of its dividend program.

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- References

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- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

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