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 11, 2022, the Board of Directors adopted a new stock repurchase program (the “2022 Program”) to repurchase up to $35.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, from time to time, over the next two years.
The table below sets forth the information with respect to purchases made under the 2022 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 June 30, 2022.
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
Purchased
Price Paid
Programs
Programs
Period
(in thousands)
Per Share
(in thousands)
(in thousands)
April 1, 2022 through April 30, 2022
715
$
23.36
715
$
18,307
May 1, 2022 through May 31, 2022
—
$
—
—
$
18,307
June 1, 2022 through June 30, 2022
—
$
—
—
$
18,307
Total
715
$
23.36
715
38
Table of Contents
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.