Share Repurchases

3 Months Ended

Mar. 31, 2019

Share Repurchases

Share Repurchases

10. Share Repurchases

During the three months ended March 31, 2019, the Company repurchased 139,782 shares for $2.5 million compared to 300,000 shares for $7.4 million in the same period in 2018.

In October 2018, the Company’s Board of Directors authorized the expansion of the repurchase program providing approval for the Company to repurchase an additional $20 million in Control4 common stock from time to time on the open market until December 31, 2019. As a result, the Company has $13.6 million remaining under the share repurchase program.