Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
A summary of the repurchase activity of the Company’s common stock for the nine months ended September 30, 2021 follows.
Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans (1) (2) Approximate dollar value of shares that may yet be purchased under current plans (in thousands)
06/1/2021 - 06/30/2021 239,679 $ 20.17 239,679 $ 7,158,000
07/1/2021 - 07/31/2021 344,940 $ 20.72 344,940 $ —
Total 584,619 $ 20.50 584,619
(1) The Company approved a stock repurchase program effective March 17, 2021 with the intent to purchase up to $12,000,000 of the Company’s outstanding common stock, or approximately 636,943 shares. During the nine months ended September 30, 2021, the Company repurchased and retired a total of 584,619 shares at an approximate cost of $20.50 per share, completing the stock repurchase plan.
(2) All share repurchases were effected in accordance with the safe harbor provisions of Rule 10b-18 of the Securities Exchange Act.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None to report.
ITEM 4. MINE SAFETY DISCLOSURES
None to report.
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