Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table provides certain information with respect to our purchases of shares of the Company’s common stock during the three months ended March 31, 2026:
Issuer Purchases of Equity Securities
Total Number of
Approximate Dollar
Shares Purchased
Value of Shares
Total Number
Average
as Part of Publicly
that May Yet Be
of Shares
Price Paid
Announced Plans or
Purchased Under the
Period
Purchased 1
per Share
Programs 2
Plans or Programs 2
January 1, 2026 through January 31, 2026
-
$
-
-
$
250,000,000
February 1, 2026 through February 28, 2026
127,771
26.40
-
250,000,000
March 1, 2026 through March 31, 2026
1,355,741
24.50
1,307,738
218,000,022
Total
1,483,512
$
24.66
1,307,738
(1) There were 175,774 shares acquired from employees to satisfy income tax withholding requirements in connection with vested share awards during the three months ended March 31, 2026.
(2) On January 28, 2026, the Company announced a stock repurchase program for up to $250 million of its outstanding common stock. As of March 31, 2026, $218.0 million remained of the $250 million total repurchase amount authorized under the stock repurchase program. Repurchases of shares of the Company’s common stock under the stock repurchase program may be conducted through open-market purchases, which may include purchases under a trading plan adopted pursuant to Securities and Exchange Commission Rule 10b5-1, or through privately negotiated transactions. The timing and exact amount of future stock repurchases, if any, will be subject to management’s discretion and various factors, including the Company’s capital position and financial performance, as well as market conditions. The stock repurchase program may be suspended, terminated or modified at any time for any reason.
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.