Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: The Company did not sell any equity securities during the three months ended September 30, 2024 that were not registered under the Securities Act.
−Removed: The following table provides information regarding repurchases of our Common Stock during the three months ended September 30, 2024:
+Added: The Company did not sell any equity securities during the three months ended March 31, 2025 that were not registered under the Securities Act.
+Added: The following table provides information regarding repurchases of our Common Stock during the three months ended March 31, 2025:
Total Number of Shares Purchased
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(In millions)
−Removed: July 1, 2024 - July 31, 2024 — $— — $—
−Removed: August 1, 2024 - August 31, 2024 44,504 $24.90 466,048 $28.9
−Removed: September 1, 2024 - September 30, 2024 68,198 $24.74 534,246 $27.2
−Removed: (1) On October 30, 2023, the Company's Board of Directors approved a share repurchase program ("Program") authorizing the Company to repurchase up to $40 million of Common Stock.
−Removed: Shares of Common Stock may be repurchased under the Program from time to time through open market purchases, block trades, private transactions or accelerated or other structured share repurchase programs.
−Removed: To the extent not retired, shares of Common Stock repurchased under the Program will be placed in the Company's treasury shares.
+Added: January 1, 2025 - January 31, 2025
+Added: February 1, 2025 - February 28, 2025
+Added: March 1, 2025 - March 31, 2025
+Added: 48,973 $30.65 583,219 $25.7
+Added: (1) On October 30, 2023, the Company's Board of Directors approved a share repurchase program ("Repurchase Program") authorizing the Company to repurchase up to $40.0 million of Common Stock, which was increased to a total of $65.0 million on April 28, 2025.
+Added: Shares of Common Stock may be repurchased under the Repurchase Program from time to time through open market purchases, block trades, private transactions or accelerated or other structured share repurchase programs.
+Added: To the extent not retired, shares of Common Stock repurchased under the Repurchase Program will be placed in the Company's treasury shares.
The extent to which the Company repurchases shares of Common Stock and the timing of such repurchases will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by the Company.
−Removed: The Program has no time limits, and may be suspended or discontinued at any time.
−Removed: During the nine months ended September 30, 2024, the Company repurchased 504,246 shares at a cost of $12.0 million under this program.
+Added: The Repurchase Program has no time limits, and may be suspended or discontinued at any time.
+Added: During the three months ended March 31, 2025, the Company repurchased 48,973 shares at a cost of $1.5 million under the Repurchase Program.
Defaults Upon Senior Securities.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.