Item 2. Unregistered Sales of Equity Securities
ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On October 26, 2023, the Board authorized and approved a share repurchase program of up to $50.0 million of the Company’s common shares of beneficial interest over a period of two years. The Company did not repurchase any shares under the program during the 2024 Quarter. The share repurchase program is scheduled to expire on October 25, 2025, and there are $50.0 million of the Company’s common shares of beneficial interest that may yet be repurchased under the repurchase program as of June 30, 2024.
ITEM 3: DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4: MINE SAFETY DISCLOSURES
None.
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