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 three months ended March 31, 2022 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)
01/1/2022 - 01/31/2022 20,417 $ 22.01 20,417 $ 12,931,000
02/1/2022 - 02/28/2022 90,661 $ 22.96 90,661 $ 10,847,000
03/1/2022 - 03/31/2022 84,795 $ 22.98 84,795 $ 8,895,000
Total 195,873 $ 22.87 195,873
(1) The Company approved a stock repurchase program effective November 17, 2021 with the intent to purchase $15,000,000 of the C ompany’s outstanding common stock, or approximately 702,576 s hares. During the three months ended March 31, 2022, the Company repurchased and retired 195,873 share s under the November 17, 2021 approved stock repurchase program at an approximate cost of $22.87 per s hare.
(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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