Century Communities, Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. The following table summarizes the number of shares of our common stock that were purchased by us during each of the three fiscal months in our second quarter ended June 30, 2024. Total number of shares purchased (1) Average price paid per share (2) Total number of shares purchased as part of publicly announced plans or programs Maximum number of shares that may yet be purchased under the plans or programs April April 1, 2024 through April 30, 2024 — $ — — 1,043,123 May May 1, 2024 through May 31, 2024 205,814 79.69 205,814 837,309 June June 1, 2024 through June 30, 2024 259,166 79.55 259,166 578,143 Total 464,980 $ 79.61 (1) On November 6, 2018, our Board of Directors authorized a stock repurchase program, under which we may repurchase up to 4,500,000 shares of our outstanding common stock. We repurchased 464,980 shares during the period indicated above under this program and 578,143 shares remained available to repurchase under this program as of June 30, 2024. On July 22, 2024, our Board of Directors authorized a new stock repurchase program, under which we may repurchase up to an additional 4,500,000 shares of our outstanding common stock. Under the terms of these stock repurchase programs, the shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. These programs have no expiration dates and may be terminated by the Board of Directors at any time. (2) The Inflation Reduction Act of 2022 imposes a nondeductible 1% excise tax on the net value of certain stock repurchases made after December 31, 2022. All dollar amounts presented exclude such excise taxes, as applicable. ITEM 3. DEFAULTS UPON SENIOR SECURITIES. None. ITEM 4 . MINE SAFETY DISCLOSURES. Not applicable.