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TREASURY STOCK
12 Months Ended
Dec. 31, 2022
TREASURY STOCK  
TREASURY STOCK

14.  TREASURY STOCK

In June 2021, the Company approved a stock repurchase plan and in December 2022, the Company entered into a privately negotiated repurchase agreement, both as described by Note 23.  The Company accounts for the purchased shares under the cost method as Common Stock Held in Treasury – at cost, which represents the cost of the shares and, for the purposes of the repurchase plan, the cost of acquiring the shares through the Company’s broker.