Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Recent Sales of Unregistered Securities
None.
Repurchase of Equity by the Company
Our stock repurchase activity for each of the three months in the quarter ended September 30, 2024 was:
Issuer Purchases of Equity Securities
Period
Total Number of Shares Purchased (1)
Average Price Paid per Share (1)
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (2)
July 1-31, 2024
— $ — — $ 150.0
August 1-31, 2024
307,591 32.53 307,591 140.0
September 1-30, 2024
— — — 140.0
For the Quarter Ended September 30,2024
307,591 $ 32.53 307,591
On July 17, 2024, our Board of Directors authorized a $150 million share repurchase program. The program does not have an expiration date and may be suspended or discontinued at any time. Since the inception of the program, we repurchased approximately $10.0 million of Common stock pursuant to this authorization and as of September 30, 2024, we had approximately $140.0 million of share repurchase authorization remaining. See related information in Note 12, Share Repurchase Program . While not considered repurchases of shares, the
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Company does at times withhold shares that would otherwise be issued under stock-based awards to pay the related taxes for grants of stock-based awards that vested.
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.