2 unchanged sentences
(b) Purchases of Equity Securities By the Issuer and Affiliated Purchasers
−Removed: The following table summarizes Ambac's share purchases during the third quarter of 2021.
+Added: The following table summarizes Ambac's share purchases during the first quarter of 2022.
When restricted stock unit awards issued by Ambac vest or settle, they become taxable compensation to employees.
For certain awards, shares may be withheld to cover the employee's portion of withholding taxes.
−Removed: In the third quarter of 2021, Ambac purchased shares from employees that settled restricted stock units to meet employee tax withholdings.
−Removed: Jul-2021 Aug-2021 Sep-2021 Third Quarter 2021
+Added: In the first quarter of 2022, Ambac purchased shares from employees that settled restricted stock units to meet employee tax withholdings.
+Added: On March 30, 2022, our Board of Directors approved a share repurchase program authorizing up to $20 million in share repurchases, with an expiration date of March 31, 2024, which may be terminated at any time.
+Added: At March 31, 2022, no shares had been repurchased.
+Added: From April 1, 2022, through May 10, 2022, AFG repurchased 1,505,316 shares for $13.2 million with an average purchase price of $8.78 per share.
+Added: On May 5, 2022, the Board of Directors authorized an additional $15 million share repurchase bringing the total unused authorized amount to $21.8 million.
+Added: Jan-2022 Feb-2022 Mar-2022 First Quarter 2022
Total Shares Purchased 37,151 — 198,693 235,844
−Removed: 10,201 — 584 10,785
Average Price Paid Per Share $ 16.05 $ — $ 14.04 $ 14.36
Total Number of Shares Purchased as Part of Publicly Announced Plan — — — —
−Removed: Maximum Number of Shares That may Yet be Purchased Under the Plan — — — —
−Removed: (1) There were no other repurchases of equity securities made during the three months ended September 30, 2021.
−Removed: Ambac does not have a stock repurchase program.
+Added: Approximate Dollar Value of Shares That may Yet be Purchased Under the Plan (in millions) $ — $ — $ 35
Defaults Upon Senior Securities — No matters require disclosure.
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