Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
In May 2018, our board of directors approved a stock repurchase program, which does not have an expiration date, for the repurchase of up to $7.5 million of our common stock. During the first quarter of fiscal 2022, we repurchased 22,543 shares of our common stock in the open market for an aggregate purchase price, including commissions, of $0.7 million. These shares were recorded as treasury stock and we do not anticipate retiring them. As of October 1, 2021, $1.9 million remained available under our stock repurchase program.
Following is a summary of stock repurchases for the three months ended October 1, 2021:
Period Total Number of Shares Repurchased Average Price Paid per Share Total Number of Shares Repurchased as Part of Publicly Announced Program Approximate Dollar Value of Shares that May Yet be Repurchased Under the Program (1)
(in thousands)
July 3, 2021 through July 30, 2021 8,643 $ 29.19 8,643 $ 2,375
July 31, 2021 through August 24, 2021 — — $ 2,375
August 25, 2021 through October 1, 2021 13,900 $ 33.07 13,900 $ 1,915
Total 22,543
(1) In May 2018, our Board of Directors approved a stock repurchase program, which does not have an expiration date, for the repurchase of up to $7.5 million of our common stock.
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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