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 six months ended June 30, 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
04/1/2022 - 04/30/2022 104,888 $ 22.17 104,888 $ 6,567,000
05/1/2022 - 05/31/2022 — $ — — $ 6,567,000
06/1/2022 - 06/30/2022 — $ — — $ 6,567,000
Total 300,761 $ 22.63 300,761
(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 six months ended June 30, 2022, the Company repurchased and retired 300,761 share s under the November 17, 2021 approved stock repurchase program at an approximate cost of $22.63 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.
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.