Company: AWRE
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038714
Chunk: 32

Company: AWARE INC /MA/
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 32
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Our common stock is the only class of stock we have outstanding, and it trades on the Nasdaq Global Market under the symbol AWRE.  

As of March 1, 2025, we had 60 shareholders of record.  This number does not include shareholders who hold our shares in a “nominee” or “street” name. We paid no dividends in 2024 or 2023.  We anticipate that we will continue to reinvest any earnings to finance our future operations although we may also pay special cash dividends if our Board of Directors deems it appropriate.

Share repurchase activity during the three months ended December 31, 2024 was as follows:

Issuer Purchases of Equity Securities

    Period
     
    (a) TotalNumberof SharesPurchased

    (b) AveragePrice Paidper Share

    (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)

    (d) Maximum Number (or Approximate Dollar Value) of Shares That May Yet Be Purchased Under the Plans or Programs

    October 1 through 31, 2024

    —

    $
    —

    —

    $
    8,182,358

    November 1 through 30, 2024

    80,093

    $
    1.50

    80,093

    $
    8,062,219

    December 1 through 31, 2024

    56,958

    $
    1.53

    56,958

    $
    7,975,073

    Total

    137,051

    $
    1.51

    137,051

(1)All reported purchases were made pursuant to a repurchase plan announced by the Company on March 22, 2022 (the “2022 Repurchase Plan”). Pursuant to the 2022 Repurchase Plan, the Company was authorized to repurchase up to $10,000,000 of its common stock from time to time through December 31, 2023.  On November 30, 2023, we announced that our Board of Directors had approved the extension of the 2022 Repurchase Plan through December 31, 2025.

ITEM 6.  [RESERVED]

17

ITEM 7.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

RESULTS OF OPER