Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table sets forth information regarding the Company’s purchases of its common shares during each of the three months ended June 30, 2020.
Period
Total Number
of Shares (or Units) Purchased
Average Price Paid Per Share (or Unit)
Total Number of Shares
(or Units) Purchased as Part of Publicly Announced Plans or Programs (1)
Maximum Number
(or Approximate Dollar Value) of Shares (or Units) that
May Yet Be Purchased under the Plans or Programs (1)
April 2020
39,264
$26.51
39,264
787,647
May 2020
4,902
$26.04
4,902
782,745
June 2020
—
—
—
782,745
Total
44,166
$26.46
44,166
(1) On January 27, 2020, the Company announced that its Board of Directors had approved a stock repurchase program for up to 1.0 million of its outstanding common shares. The Company is not obligated to purchase any shares under the plan, and the plan may be discontinued at any time. The actual timing, number and share price of shares purchased under the repurchase plan will be determined by the Company at its discretion and will depend upon such factors as the market price of the stock, general market and economic conditions and applicable legal requirements. The Company repurchased 44,166 shares of common stock under the repurchase plan during the quarter ended June 30, 2020.
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Item 3. Defaults Upon Senior Securities
None.
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.