Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
(c)
(d)
Total number
Approximate dollar
of shares
value of shares
(a)
(b)
purchased as
that may yet be
Total number
Average
part of publicly
purchased under the
of shares
price paid
announced plans
plans or programs (3)
Period
purchased (1)
per share
or programs (2)
(in thousands)
April 1 to April 30, 2023
—
$
—
—
$
195,017
May 1 to May 31, 2023
750,000
6.77
750,000
189,941
June 1 to June 30, 2023
—
—
—
189,941
750,000
$
6.77
750,000
(1) Shares purchased in May 2023 relate to repurchases made in open-market transactions pursuant to the 2023 Repurchase Program as described in footnote (3) below.
(2) Represents shares repurchased under the 2023 Repurchase Program.
(3) On February 20, 2023, we announced that our Board authorized a new share repurchase program under which we are authorized to repurchase up to $200 million issued and outstanding shares of our common stock. The 2023 Repurchase Program has no set expiration date. Concurrent with the authorization of the 2023 Repurchase Program, our Board revoked the prior authorization to repurchase shares of our common stock in an amount equal to any equity granted to our employees, officers and directors under our share-based compensation plans. See Note 8 to this Quarterly Report on Form 10-Q and Note 10 to our 2022 Annual Report on Form 10-K for additional information regarding our share repurchase programs.
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.