Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
On November 3, 2015, the Company’s Board of Directors authorized the 2015 Repurchase Program to repurchase up to $25.0 million of the Company's outstanding common stock, which was fully utilized as of June 30, 2022. The following table presents information related to our purchases of our common stock pursuant to the 2015 Repurchase Program during the three months ended June 30, 2022:
Period (1) Total Number of Shares Purchased Weighted Average Price Paid per Share (2) Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program(1)
April 1, 2022 to April 30, 2022 — $ — — 11,043,506
May 1, 2022 to May 31, 2022 697,315 7.86 697,315 5,560,574
June 1, 2022 to June 30, 2022 736,536 7.55 736,536 —
Total 1,433,851 $ 7.70 1,433,851 —
(1) Based on trade date. The 2015 Repurchase Program was announced on November 4, 2015 and did not have an expiration date. The maximum dollar amount authorized under the 2015 Repurchase Program was $25.0 million.
(2) Includes brokerage commissions and clearing fees.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None.
ITEM 4. MINE SAFETY DISCLOSURES
None.
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