Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
The following table provides information regarding our total purchases of 45,344 shares of e Plus inc. common stock during the three months ended June 30, 2021, including a total of 17,629 shares purchased as part of the publicly announced share repurchase plans or programs.
Period
Total
number of
shares
purchased
(1)
Average price
paid per
share
Total number of
shares
purchased as
part of publicly
announced
plans or
programs
Maximum number (or
approximate dollar
value) of shares that
may yet be purchased
under the plans or
programs
April 1, 2021 through April 30, 2021
-
$
-
-
440,899
(2
)
May 1, 2021 through May 27, 2021
999
$
100.80
-
440,899
(3
)
May 28, 2021 through May 31, 2021
-
$
-
-
500,000
(4
)
June 1, 2021 through June 30, 2021
44,345
$
90.42
17,629
482,371
(5
)
(1)
All shares acquired were in open-market purchases, except for 27,715 shares, out of which 999 were repurchased in May 2021 and 26,716 in June 2021 to satisfy tax withholding obligations that arose due to the vesting of shares of restricted stock.
(2)
The share purchase authorization in place for the month ended April 30, 2021, had purchase limitations on the number of shares of up to 500,000 shares. As of April 30, 2021, the remaining authorized shares to be purchased were 440,899.
(3)
As of May 27, 2021, the authorization under the then-existing share repurchase plan expired.
(4)
On March 18, 2021, the board of directors authorized the company to repurchase up to 500,000 shares of our outstanding common stock commencing on May 28, 2021, and continuing to May 27, 2022. As of May 31, 2021, the remaining authorized shares to be purchased were 500,000.
(5)
The share purchase authorization in place for the month ended June 30, 2021, had purchase limitations on the number of shares of up to 500,000 shares. As of June 30, 2021, the remaining authorized shares to be purchased were 482,371.
The timing and expiration date of the current stock repurchase authorizations are included in Note 11, “Stockholders’ Equity” to our unaudited consolidated financial statements included elsewhere in this report.
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.