Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities.
All of the repurchases below were made on the open market at prevailing market prices plus related expenses under our preferred stock repurchase program, which authorizes the repurchase of up to $50 million of our preferred stock. We publicly announced this program on May 8, 2025 (dollars in thousands, except per share information).
7.375% Series A Cumulative Redeemable Perpetual Preferred Stock
Month
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly announced Plans or Programs
Maximum Dollar Value that May Yet be Purchased Under the Plans or Programs
April 1, 2025 to April 30, 2025
— $— $— $—
May 1, 2025 to May 31, 2025 21,116 13.83 21,116 —
June 1, 2025 to June 30, 2025
35,800 14.83 35,800 —
56,916 $14.46 56,916 $48,268
7.125% Series B Cumulative Redeemable Perpetual Preferred Stock
Month
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly announced Plans or Programs
Maximum Dollar Value that May Yet be Purchased Under the Plans or Programs
April 1, 2025 to April 30, 2025
— $— $— $—
May 1, 2025 to May 31, 2025 30,413 13.40 30,413 —
June 1, 2025 to June 30, 2025
35,800 14.19 35,800 —
66,213 $13.83 66.213 $48,268
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.