Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
In December 2020, our Board of Directors authorized a share repurchase program covering 2021 for up to $100 million of the Company's common stock.
The following table summarizes the stock repurchase activity, based upon settlement date, for the three months ended March 31, 2021 as well as the approximate dollar value of shares that may yet be purchased pursuant to our stock repurchase program:
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Program
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)
(in thousands except per share amounts)
January 1, 2021 through January 31, 2021
—
N/A
—
$
100,000
February 1, 2021 through February 28, 2021
—
N/A
—
100,000
March 1, 2021 through March 31, 2021
303
$38.41
303
$
88,365
Total
303
303
(1) There were $0.9 million stock repurchases that were pending settlement as of March 31, 2021.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not Applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.