Item 2. Unregistered Sales of Equity Securities
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table presents the number and average price of shares purchased in each fiscal month of the first quarter of fiscal 2025:
Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs (1)(2)
Maximum dollar value of shares that may yet be purchased under the plans or programs (in millions)
October 1-31, 2024 133 $ 21.37 — $ 80.0
November 1-30, 2024
41,884 25.13 — 80.0
December 1-31, 2024 114,043 25.58 — $ 80.0
Total 156,060 $ 25.45 —
(1) In 2015, we announced the authorization of a stock repurchase program for up to $50.0 million of our common stock. The program does not commit us to a particular timing or quantity of purchases, and we may suspend or discontinue the program at any time. In 2017, we announced an increase to the authorized amount of this program to $250.0 million.
(2) During the three months ended December 31, 2024, we repurchased no shares of our common stock pursuant to our share repurchase authorization, and we had $80.0 million remaining under this authorization as of December 31, 2024. During the three months ended December 31, 2024, 156,060 shares were surrendered to us to pay the tax withholding obligations of participants in connection with the vesting of equity awards.
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