Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table sets forth the Company’s share repurchase activities for each period presented.
Period
Number of Shares of Class A Common Stock Purchased
Average Price Paid per Share
Total Number of Shares of Class A Common Stock Purchased as Part of Publicly Announced Program (1)
Maximum Number of Shares of Class A Common Stock that May Yet be Purchased Under the Program
January 1, 2020 - January 31, 2020
—
$
—
—
9,000,000
February 1, 2020 - February 29, 2020
100,000
7.55
100,000
8,900,000
March 1, 2020 - March 31, 2020
900,000
6.36
900,000
8,000,000
Total
1,000,000
$
6.48
1,000,000
8,000,000
(1)
In August 2019, the Company’s board of directors authorized a share repurchase program of up to 10 million shares of Class A Common Stock. The program does not require purchases to be made within a particular time frame.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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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.