Item 2. Unregistered Sales of Equity Securities
ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table provides information relating to our repurchases of common stock during the third quarter of 2025:
Total Number
Maximum Number
Purchased as Part
of Shares that May
Total Number of
of Publicly
Yet be Purchased
Shares
Average Price Paid
Announced
Under the
Fiscal Period
Purchased (1)
per Share (1)
Program (2)
Program (2)
August 3, 2025 - August 30, 2025
2,654
$
15.36
—
3,366,055
August 31, 2025 - October 4, 2025
9,710
15.03
—
3,366,055
October 5, 2025 - November 1, 2025
—
—
—
3,366,055
Total
12,364
$
15.10
—
3,366,055
(1) Includes shares that are tendered by employees related to certain share-based awards to satisfy tax withholding amounts for restricted stock awards. The average price per share on repurchases of our common stock excludes the cost of broker commissions and excise taxes due under the provisions of the Inflation Reduction Act.
(2) On March 10, 2022, the Board of Directors approved a stock repurchase program ("2022 Program") authorizing the repurchase of 7,000,000 shares of our outstanding common stock. We can use the repurchase program to repurchase shares on the open market or in private transactions. During the thirteen and thirty-nine weeks ended November 1, 2025, the Company repurchased zero and 186,716 shares, respectively, under the 2022 Program. During the thirteen and thirty-nine weeks ended November 2, 2024, the Company repurchased 1,522,324 and 1,938,324 shares, respectively, under the 2022 Program. As of November 1, 2025, there were 3,366,055 shares authorized to be repurchased. Our repurchases of common stock are limited under our revolving credit agreement.
ITEM 3 DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4 MINE SAFETY DISCLOSURES
Not applicable.
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