Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Purchases of Equity Securities
On June 25, 2021, the Company announced the authorization by the Board of Directors to repurchase up to 5% of the Company’s outstanding common stock, or 3.0 million shares. The stock repurchase plan has no scheduled expiration date and the Board of Directors has the right to suspend or discontinue the plan at any time. The Company repurchased 87,324 shares of its common stock during the three month period ended September 30, 2024. At September 30, 2024, there were 1,551,200 shares available for repurchase under the Company’s stock repurchase program.
Total Number of
Shares Purchased Average Price Paid per Share Total Number of
Shares Purchased as Part of Publicly Announced Plan or Program Maximum Number
of Shares that May
Yet Be Purchased
Under the Plan or
Program
July 1, 2024 through July 31, 2024 — $ — — 1,638,524
August 1, 2024 through August 31, 2024 87,324 15.85 87,324 1,551,200
September 1, 2024 through September 30, 2024 — — — 1,551,200
Item 3. Defaults Upon Senior Securities
Not Applicable.
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.