UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: The following table contains information about purchases of our common stock, excluding excise tax, during the first quarter of 2024:
+Added: The following table contains information about purchases of our common stock, excluding excise tax, during the second quarter of 2024:
Total number of shares of common stock purchased (1)
1 unchanged sentence
Total number of shares of common stock purchased as part of publicly announced plan or programs Maximum number (or dollar value) of shares of common stock that may yet be purchased under the plans or programs (in thousands) (1)
−Removed: January 1, 2024—January 31, 2024 128,801 (3) $ 9.46 — $ 234,592
−Removed: February 1, 2024—February 29, 2024 — $ — — $ 234,592
−Removed: March 1, 2024—March 31, 2024 — $ — — $ 234,592
+Added: April 1, 2024—April 30, 2024 — $ — — $ 234,592
+Added: May 1, 2024—May 31, 2024 — $ — — $ 234,592
+Added: June 1, 2024—June 30, 2024 552,081 $ 9.05 552,081 $ 229,594
Total 552,081
2 unchanged sentences
We primarily expect to conduct the repurchase program through negotiated transactions with an equity sponsor, as well as through open market repurchases or other means, including through Rule 10b-18 trading plans or through the use of other techniques such as accelerated share repurchases.
−Removed: The actual timing, number and nature of shares repurchased will depend on a variety of factors, including stock, price, trading volume, and general business and market conditions.
+Added: The actual timing, number and nature of shares repurchased will depend on a variety of factors, including stock, price, trading volume,
+Added: and general business and market conditions.
The repurchase program does not obligate us to acquire any number of shares in any specific period or at all and may be amended, suspended or discontinued at any time at our discretion.
−Removed: During the three months ended March 31, 2024, the Company did not repurchase any of its common stock pursuant to the stock repurchase program.
−Removed: As of March 31, 2024, $234.6 million was available for share repurchases under the program.
+Added: During the three months ended June 30, 2024, the Company repurchased 552,081 of its common stock on the open market pursuant to the stock repurchase program, for a total cost of $5.0 million.
+Added: As of June 30, 2024, $229.6 million was available for share repurchases under the program.
(2) Excludes brokerage commissions and other costs of execution.
−Removed: (3) Represents shares of common stock delivered to the Company by employees to satisfy income tax withholding obligations of the employees in connection with the vesting of restricted stock units.
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.