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
July 1, 2025 to July 31, 2025
52,213 $15.81 $52.213 $—
August 1, 2025 to August 31, 2025
22,500 16.77 22,500 —
September 1, 2025 to September 30, 2025
— — — —
74,713 $16.10 74,713 $—
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
July 1, 2025 to July 31, 2025
33,523 $15.43 33,523 $—
August 1, 2025 to August 31, 2025
64,147 16.34 64,147 —
September 1, 2025 to September 30, 2025
— — — —
97,670 $16.03 97,670 $—
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.