Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Items 2(a) and 2(b) are not applicable.
(c) Stock Repurchases
(Shares in thousands)
Total number
of shares
purchased
Average price
paid per share
Total number
of shares
purchased as
part of our
share repurchase
program
Approximate
dollar value of
shares that
may yet be
purchased
under our share
repurchase
program (a)
2020
April
-
$
-
-
May
-
-
-
Jun
1,078
13.92
1,078
Total
1,078
$
13.92
1,078
$135.0 million
(a) Calculated as of June 30, 2020. On June 12, 2020, our Board of Directors authorized a stock repurchase program providing for the repurchase of up to $150 million of the Company's common stock. The timing, price and volume of repurchases will be based on market conditions, relevant securities laws and other factors. The stock repurchases may be made from time to time, through solicited or unsolicited transactions in the open market, in privately negotiated transactions, or pursuant to a Rule 10b5-1 plan. The program may be discontinued or amended at any time and has no specified expiration date. All repurchases in the three months ended June 30, 2020 were made under this plan.
Item 3. Defaults Upon Senior Securities
Not applicable.
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.