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Following is a summary of our repurchases of our common stock during the three months ended December 31, 2022.
−Removed: Period Total number of shares purchased (a) Average price paid per share Total number of shares purchased as part of publicly announced plan or programs (b) Maximum value of shares that may yet be purchased under the plan or program (in thousands) (b)
+Added: Period Total number of shares purchased (a) Average price paid per share Total number of shares purchased as part of publicly announced plan or programs (a) Maximum value of shares that may yet be purchased under the plan or program (in thousands) (a)
October 1, 2022 - October 31, 2022 27,925 $ 24.94 27,925 $ 8,243
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Total 103,094 $ 29.08 103,094
−Removed: (a) 45 of the 56,276 shares purchased during the three months ended December 31, 2021 were acquired from employees in connection with the settlement of income tax and related benefit withholding obligations arising from the vesting of restricted stock grants.
−Removed: These shares were not part of a publicly announced program to purchase common stock.
−Removed: (b) In November 2021, our board of directors approved a program for the repurchase of outstanding shares of our common stock with an aggregate purchase amount of up to $10 million.
+Added: (a) In November 2021, our board of directors approved a program for the repurchase of outstanding shares of our common stock with an aggregate purchase amount of up to $10.0 million.
Shares may be repurchased under the program from time to time, in amounts and at prices that the company deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations.
−Removed: The program may be executed using open market purchases pursuant to Rule 10b-18 under the Securities Exchange Act of 1934 (the "Exchange Act") in privately negotiated agreements, by way of issuer tender offers, Rule 10b5-1 plans or other transactions.
−Removed: From the inception of the program through December 31, 2021, we have repurchased approximately 56 thousand shares of our common stock for aggregate consideration of approximately $1.1 million.
+Added: The program may be executed using open market purchases pursuant to Rule 10b-18 under the Securities Exchange Act of 1934 (the "Exchange Act"), in privately negotiated agreements or by way of issuer tender offers, Rule 10b5-1 plans or other transactions.
+Added: From the inception of the program through December 31, 2022, we have repurchased approximately 159 thousand shares of our common stock for aggregate consideration of $4.1 million.
Remaining authorization under this program is $5.9 million.
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.