Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table provides information about share repurchases made by the Company of its common stock during the quarter ended March 31, 2025 (in thousands, except average price paid per share):
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares (or approximate dollar value) that May Yet be Purchased Under the Plans or Programs (b)
January 1, 2025 - January 31, 2025 — $ — — $ 95,477
February 1, 2025 - February 28, 2025 22,804 (a)
18.25 — 95,477
March 1, 2025 - March 31, 2025 — — — 95,477
22,804 $ 18.25 — $ 95,477
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(a) On February 7, 2025, the Company completed the Merger and paid cash consideration of $18.25 per share to holders of 22.9 million of the Company’s outstanding shares.
(b) As of March 31, 2025, there was $95.5 million available for use under the Company’s capital return program, subject to limitations in its regulatory and debt agreements. See Note 17 “Stockholders’ Equity” included in Part I. Item 1 of this Quarterly Report on Form 10-Q for a description of the capital return program
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