Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Company Purchases of Equity Securities
Share repurchases during the three months ended June 30, 2024 were as follows:
Total
Number of
Shares Average
Price Paid Total Number of Shares
Purchased as Part of
Publicly Announced Plans Maximum Number of
Shares That May Yet Be
Purchased Under the Plans
Period Purchased per Share or Programs (2)
or Programs (2)
April 1, 2024
through April 30, 2024 (1)
635 $ 103.52 — —
May 1, 2024
through May 31, 2024 — — — —
June 1, 2024
through June 30, 2024 — — — —
Total 635 $ 103.52 — —
(1) Chesapeake Utilities purchased shares of common stock on the open market for the purpose of reinvesting the dividend on shares held in the Rabbi Trust accounts for certain directors and senior executives under the Non-Qualified Deferred Compensation Plan. The Non-Qualified Deferred Compensation Plan is discussed in detail in Item 8 under the heading “Notes to the Consolidated Financial Statements—Note 16 , Employee Benefit Plans, ” in our latest Annual Report on Form 10-K for the year ended December 31, 2023.
(2) Except for the purposes described in Footnote (1), Chesapeake Utilities has no publicly announced plans or programs to repurchase its shares.
Item 3. Defaults upon Senior Securities
None.
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.