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 second quarter of 2025:
+Added: The following table contains information about purchases of our common stock, excluding excise tax, during the third quarter of 2025:
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: April 1, 2025—April 30, 2025 — $ — — $ 229,594
−Removed: May 1, 2025—May 31, 2025 1,982,470 $ 7.28 1,982,470 $ 215,154
−Removed: June 1, 2025—June 30, 2025 943,682 $ 7.86 943,682 $ 207,735
+Added: July 1, 2025—July 31, 2025 69,695 $ 7.64 69,695 $ 207,202
+Added: August 1, 2025—August 31, 2025 — $ — — $ 207,202
+Added: September 1, 2025—September 30, 2025 540,517 $ 9.24 540,517 $ 202,207
Total 610,212
−Removed: (1) In April 2022, our Board of Directors approved and announced a new stock repurchase program authorizing the repurchase of up to $450 million of the Company’s outstanding common stock over the next four years.
+Added: (1) In April 2022, our Board approved and announced a new stock repurchase program authorizing the repurchase of up to $450 million of the Company’s outstanding common stock over the next four years.
This program is expected to be funded using cash on hand and cash generated from operations.
1 unchanged sentence
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 June 30, 2025, the Company purchased 2,926,152 shares of its common stock on the open market pursuant to the stock repurchase program, for a total cost of $21.9 million.
−Removed: As of June 30, 2025, $207.7 million was available for share repurchases under the program.
+Added: During the three months ended September 30, 2025, the Company purchased 610,212 shares of its common stock on the open market pursuant to the stock repurchase program, for a total cost of $5.5 million.
+Added: As of September 30, 2025, $202.2 million was available for share repurchases under the program.
(2) Excludes brokerage commissions and other costs of execution.
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.