Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
The following tables sets forth information with respect to our repurchases of Series C Preferred Stock during the three months ended March 31, 2025.
Month Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares
Purchased as Part of
Publicly Announced Plans or Programs (1)
Maximum Number at end of period of Shares
that May Yet Be Purchased
Under the Plans
or Programs (1)
January 1, 2025 to January 31, 2025 35,675 24.32 35,675 670,984
February 1, 2025 to February 28, 2025 35,423 24.37 35,423 635,561
March 1, 2025 to March 31, 2025 19,048 24.07 19,048 616,513
90,146 24.29 90,146
(1) In May 2022, our board of directors approved a share repurchase program under which we may purchase up to 3,000,000 shares of our Series B Preferred Stock and 5,000,000 shares of our Series C Preferred Stock with no stated expiration date. The shares may be repurchased from time to time through privately negotiated transactions or open market transactions, including under a trading plan in accordance with Rules 10b5-1 and 10b-18 under the Exchange Act or by any combination of such methods. The manner, price, number and timing of share repurchases are subject to a variety of factors, including market conditions and applicable SEC rules. We redeemed all outstanding shares of our Series B Preferred Stock in December 2024.
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.