Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Issuer Purchases of Equity Securities during the nine months ended September 30, 2022
−Removed: Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced program Approx.
−Removed: dollar value of shares that may yet be purchased under the program (thousands)
−Removed: January 1 to January 31, 2022 140,879 $ 85.24 140,879 $ 163,722
−Removed: February 1 to February 28, 2022 145,164 86.29 145,164 151,244
−Removed: March 1 to March 31, 2022 228,643 85.51 228,643 131,688
−Removed: April 1 to April 30, 2022 236,091 82.21 236,091 112,418
−Removed: May 1 to May 31, 2022 271,940 80.98 271,940 90,561
−Removed: June 1 to September 30, 2022 — — — —
−Removed: Total 1,022,717 1,022,717 $ 90,587
+Added: We made no share purchases during the first quarter of 2023.
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.
2 unchanged sentences
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.
−Removed: 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 nine months of 2022.
+Added: In total, the Company has repurchased 1,308,003 shares for a total cost of $109.4M, of which 1,022,717 shares were repurchased in 2022 for $85.1 million and 285,286 shares were repurchased in 2021 for $24.3 million.
Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.