Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equit y Securities and Use of Proceeds.
Issuer Purchases of Equity Securities
The following table provides information relating to the Company's repurchase of common stock during the three months ended June 30, 2024 pursuant to the Stock Repurchase Program:
Period
Total number of shares purchased
Average price paid per share (1)
Total number of shares purchased as part of publicly announced plans or programs
Approximate dollar value of shares that may yet be purchased under the plans or programs
April 1, 2024 - April 30, 2024
14,939
$
18.54
14,939
$
4,593,884
May 1, 2024 - May 31, 2024
865
$
19.93
865
$
4,576,646
June 1, 2024 - June 30, 2024
-
$
-
-
$
4,576,646
Total
15,804
$
18.61
15,804
(1) Exclusive of commission fees incurred in relation to the repurchase of common stock.
On May 2, 2022, the board of directors of the Company authorized the Stock Repurchase Program to repurchase the Company's common stock from time to time, which was subsequently amended on each of December 19, 2023 and March 28, 2024. The Stock Repurchase Program does not obligate the Company to repurchase any shares and it may be modified, suspended, or terminated at any time and for any reason at the discretion of the board of directors.
Shares of common stock withheld as payment of withholding taxes in connection with the vesting of equity awards are also treated as common stock repurchases. Those withheld shares of common stock are not required to be disclosed under Item 703 of Regulation S-K and accordingly are excluded from the amounts in the table above.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Saf ety Disclosures.
Not Applicable.
20
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