Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity and Use of Proceeds
Items 2. (a) and (b) are not applicable.
2. (c) Share Repurchases
On February 21, 2017, the Company's Board of Directors approved the repurchase of up to $100.0 million of the Company's common shares from time to time at market prices. The Company has a remaining authorization of $74,245 for share repurchases at September 30, 2020. There were no share repurchases during the three months ended September 30, 2020 under the share repurchase authorization.
For the Three Months Ended September 30, 2020 Total number of shares repurchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs (a) Dollar amount still available under trading plan
($ in thousands)
July 1, 2020 - July 31, 2020 — $ — — $ 74,245
August 1, 2020 - August 31, 2020 — — — 74,245
September 1, 2020 - September 30, 2020 — — — 74,245
Total — $ — — 74,245
Subsequent to the three months ended September 30, 2020 and through the period ended November 13, 2020, the Company did not repurchase any additional common shares which represent withholdings in respect of tax obligations on the vesting of performance based shares.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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