1 unchanged sentence
The Company's Purchases of Equity Securities
−Removed: The following table summarizes the purchases made by or on behalf of the Company or certain affiliated purchasers of shares of the Company's common stock during the quarter ended March 31, 2025:
+Added: The following table summarizes the purchases made by or on behalf of the Company or certain affiliated purchasers of shares of the Company's common stock during the quarter ended June 30, 2025:
Period (a) Total Number of
12 unchanged sentences
Plans or Programs (1)
−Removed: January 2025 — $ — — $ 3,894,221
−Removed: February 2025 — $ — — $ 3,894,221
−Removed: March 2025 15,856 $ 27.51 15,856 $ 3,458,017
+Added: April 2025 29,830 $ 26.95 29,830 $ 2,654,142
+Added: May 2025 — $ — — $ 2,654,142
+Added: June 2025 34,091 $ 28.26 34,091 $ 9,036,745
Total 63,921 $ 27.65 63,921 $ 9,036,745
−Removed: (1) Pursuant to the Company's 2019 Repurchase Plan, management is given discretion to determine the number and pricing of the shares to be repurchased by the Company from time to time, as well as the timing of any such repurchases.
−Removed: The Company repurchased 15,856 common shares under the repurchase plan during the first quarter at an average cost of $27.51 per share totaling $0.4 million.
−Removed: As of March 31, 2025, $3.5 million remained available for share repurchases pursuant to the plan.
+Added: (1) On June 5, 2025, the Company announced that its Board of Directors approved a new common stock repurchase program under which the Company may repurchase up to $10.0 million of its common stock, which replaced the Company’s prior common stock repurchase program.
+Added: Pursuant to the repurchase program, management is given discretion to determine the number and pricing of the shares to be repurchased by the Company from time to time, as well as the timing of any such repurchases.
+Added: The program has no termination date, may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of common stock.
+Added: The Company repurchased 63,921 common shares under its repurchase programs during the second quarter of 2025 at an average cost of $27.65 per share totaling $1.8 million.
+Added: As of June 30, 2025, $9.0 million remained available for share repurchases pursuant to the Company's current repurchase program.
The Company’s ability to pay dividends to its shareholders and repurchase shares is affected by the Company's financial condition and liquidity, general corporate law requirements and the regulations and policies of U.S.
8 unchanged sentences
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.