Item 2. Unregistered Sales of Equity Securities
ITEM 2 – Unregistered Sales of Equity Securities and Use of Proceeds
(a) Not applicable.
(b) Not applicable.
(c) The following table provides information about repurchases of common stock by the Company during the quarter ended March 31, 2025:
Period Total Number of Common Shares Purchased (1)
Average Price Paid per Common Share Total Number of Shares Purchased as Part of Publicly Announced Authorization Maximum Number of Remaining Shares that May be Purchased as Part of Publicly Announced Authorization
January 1, 2025 - January 31, 2025 219 $ 70.93 — 1,722,787
February 1, 2025 - February 28, 2025 — — — 1,722,787
March 1, 2025 - March 31, 2025 11,846 63.89 — 1,722,787
Total for quarter 12,065 $ 64.02 —
(1) Includes 12,065 shares surrendered by employees to satisfy tax withholding obligations upon the vesting of restricted stock grants during the three months ended March 31, 2025.
On July 25, 2024, the Company announced that its Board of Directors had authorized repurchases of up to 1,722,787 shares of the Company’s common stock (approximately 5% of the Company’s outstanding shares) over the next 12 months. Under the authorization, shares may be repurchased by the Company in open market purchases. The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations.
ITEM 3 – Defaults upon Senior Securities
Not Applicable.
ITEM 4 – Mine Safety Disclosures
Not Applicable.
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