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(b) Purchases of Equity Securities By the Issuer and Affiliated Purchasers
−Removed: The following table summarizes Ambac's share purchases during the first quarter of 2022.
+Added: The following table summarizes Ambac's share purchases during the second 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 first quarter of 2022, Ambac purchased shares from employees that settled restricted stock units to meet employee tax withholdings.
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.
−Removed: At March 31, 2022, no shares had been repurchased.
−Removed: 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: From April 1, 2022, through June 30, 2022, AFG repurchased 1,605,316 shares for $14.2 million at an average purchase price of $8.86 per share.
On May 5, 2022, the Board of Directors authorized an additional $15 million share repurchase bringing the total unused authorized amount to $20.8 million.
−Removed: Jan-2022 Feb-2022 Mar-2022 First Quarter 2022
+Added: Apr-2022 May-2022 Jun-2022 Second Quarter 2022
Total Shares Purchased 1,505,316 100,000 — 1,605,316
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.