ALBANY INTERNATIONAL CORP /DE/ 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities during the six months ended June 30, 2022 36 Index Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced program Approx. dollar value of shares that may yet be purchased under the program (thousands) January 1 to January 31, 2022 140,879 $ 85.24 140,879 $ 163,722 February 1 to February 28, 2022 145,164 86.29 145,164 151,244 March 1 to March 31, 2022 228,643 85.51 228,643 131,688 April 1 to April 30, 2022 236,091 82.21 236,091 112,418 May 1 to May 31, 2022 271,940 80.98 271,940 90,561 June 1 to June 30, 2022 — — — — Total 1,022,717 1,022,717 $ 90,587 On October 25, 2021, the Company's Board of Directors authorized the Company to repurchase shares of up to $200 million through open market purchases, privately negotiated transactions or otherwise, and to determine the prices, times and amounts. The program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company's discretion. The share repurchase program does not have an expiration date. The timing and amount of any share repurchases will be based on the Company’s liquidity, general business and market conditions, debt covenant restrictions and other factors, including alternative investment opportunities and capital structure. We purchased 1,308,003 shares of our Class A Common Stock since the Board repurchase authorization in 2021, 1,022,717 of which were purchased during the first six months of 2022. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not Applicable.