Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Repurchase of Shares of Company Equity Securities
On April 15, 2024, the Board of Directors adopted a stock repurchase program (the “2024 Program”) to repurchase up to $40.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, including through Rule 10b5-1 plans, from time to time, over the next two years from the adoption date. The table below sets forth the information with respect to purchases made under the 2024 Program by or on behalf of the Company or any “affiliated purchaser” (as the term is defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock during the three months ended September 30, 2025.
Approximate
Total Number
Dollar
of Shares
Value of
Purchased
Shares that
Total
as Part of
May Yet Be
Number of
Publicly
Purchased
Shares
Average
Announced
Under the
Purchased
Price Paid
Programs
Programs
Period
(in thousands)
Per Share
(in thousands)
(in thousands)
July 1, 2025 through July 31, 2025
—
$
—
—
$
40,000
August 1, 2025 through August 31, 2025
—
$
—
—
$
40,000
September 1, 2025 through September 30, 2025
13
$
19.55
—
$
39,756
Total
13
$
—
—
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
None.
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.