Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(c) On May 14, 2014, the Company announced that its Board of Directors had authorized a program to repurchase up to 750,000 (retrospectively adjusted to 1,125,000 after the stock split in June 2019) shares of the Company’s common stock from time to time on the open market or in privately negotiated transactions, in compliance with SEC Rule 10b-18, over an indefinite period. As of December 31, 2024, 791,848 shares may be repurchased pursuant to this program.
Purchases during the quarter ended December 31, 2024 are described below:
Dates of Shares Purchased Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Public Announced Plans or Programs Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
October 1 - October 31, 2024 — $ — — 809,636
November 1 - November 30, 2024 — $ — — 809,636
December 1 - December 31, 2024 17,788 $ 21.00 17,788 791,848
17,788
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