Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The table below sets forth the repurchase of Common Stock by the Company and its affiliated purchasers during the second quarter of 2024.
ISSUER PURCHASE OF EQUITY SECURITIES
Maximum
Number of
Total Number
Shares That
of Shares
May Yet Be
Total
Purchased as
Purchased
Number
Part of Publicly
Under the
of Shares
Average
Announced
Average
Plans or
Purchased
Price Paid
Plans or
Price Paid
Programs
Period
(1)
Per Share
Programs
Per Share
(2)
April 1, 2024 - April 30, 2024
—
$
—
—
$
—
545,786
May 1, 2024 - May 31, 2024
—
$
—
—
$
—
545,786
June 1, 2024 - June 30, 2024
—
$
—
—
$
—
545,786
Total
—
$
—
—
$
—
545,786
(1)
Does not include 12,072 shares surrendered, or deemed surrendered, to the Company by employees to satisfy individual tax withholding obligations upon vesting of previously issued shares of Restricted Stock.
(2)
For the quarter ended June 30, 2024, we did not repurchase any shares of our Common Stock under our share repurchase plans referred to in footnote (3) below.
(3)
On December 3, 2014, the Board of Directors of the Company approved an increase of 500,000 shares of Common Stock to the number of shares of Common Stock available for repurchase under its repurchase plans. On February 2, 2017, the Board of Directors of the Company approved an increase of 500,000 shares of Common Stock to the number of shares of Common Stock available for repurchase under its repurchase plans. The Company expects to purchase shares of its Common Stock from time to time in the market or otherwise subject to market conditions. The timing, number and value of shares of Common Stock repurchased are subject to the Company’s discretion. The Common Stock repurchase program does not have an expiration date.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.