Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
 
(a)
Not applicable.
 
(b)
Not applicable.
 
(c)
The following table summarizes common stock repurchases during the three months ended June 30, 2023:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period
 
Total Number of Shares Purchased (1)
 
 
Average Price Paid per Share
 
 
Total Number of Shares Repurchased as Part of Publicly Announced Plans (2)
 
 
Maximum Number of Shares that May Yet Be Repurchased Under the Plans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
April 1, 2023 - April 30, 2023
 
 
—
 
 
$
—
 
 
 
—
 
 
 
257,586
 
May 1, 2023 - May 31, 2023
 
 
3,321
 
 
 
11.25
 
 
 
1,849
 
 
 
255,737
 
June 1, 2023 - June 30, 2023
 
 
28,327
 
 
 
11.27
 
 
 
28,327
 
 
 
227,410
 
Total
 
 
31,648
 
 
$
11.27
 
 
 
30,176
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Shares repurchased by the Company during the quarter include shares acquired from participants in connection with cancellation of restricted stock to pay withholding taxes totaling 0 shares, 1,472 shares, and 0 shares, respectively, for the periods indicated.
 
(2) On October 28, 2020, the Company announced that its Board of Directors had authorized the repurchase of up to an additional 1,023,420 shares of its common stock, or approximately 10% of its shares of common stock issued and outstanding as of October 27, 2020. As of June 30, 2023, a total of 796,010 shares, or 77.8% percent of the shares authorized in the October 2020 stock repurchase plan, have been purchased at an average cost of $15.82 per share, leaving 227,410 shares available for future purchases.
 
 
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Table of Contents
 
 
Item 3. Defaults Upon Senior Securities
 
Not applicable.
 
Item 4. Mine Safety Disclosures
 
Not applicable.
 
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.