Alico, Inc. Annual report pursuant to Section 13 and 15(d)

Treasury Stock

12 Months Ended

Sep. 30, 2022

Note 11. Treasury Stock

The following table illustrates the Company’s treasury stock purchases for the fiscal years ended September 30, 2022, 2021 and 2020:


(in thousands, except share amounts)	Total Number of Shares Purchased		Average Price Paid Per Share		Total Shares Purchased as Part of Publicly Announced Plan or Program		Total Dollar Value of Shares Purchased
Fiscal Year Ended September 30,:
2022		—	$	—		—	$	—
2021		—	$	—		—	$	—
2020		7,000	$	33.95		1,481,640	$	238

The following table outlines the Company’s treasury stock transactions during the past three fiscal years:


(in thousands, except share amounts)	Shares			Cost
Balance at September 30, 2019		939,632		$	31,943
Purchased		7,000			238
Issued to Employees and Directors		(23,011	)		(1,402	)
Balance at September 30, 2020		923,621			30,779
Purchased		—			—
Issued to Employees and Directors		(33,480	)		(926	)
Balance at September 30, 2021		890,141			29,853
Purchased		—			—
Issued to Employees and Directors		(60,991	)		(1,905	)
Balance at September 30, 2022		829,150		$	27,948