Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Share repurchase activity during the nine months ended
September 27, 2025 was as follows. These purchases were funded with cash on hand.
Issuer Purchases of Equity Securities
Period
Total
Number of
Shares
Purchased
Average
Price Paid
per Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Program
Maximum
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Program
First Quarter 2025
January 1 to January 25
28,720
$ 34.44
28,720
January 26 to February 22
—
—
—
February 23 to March 29
50,480
$ 39.62
50,480
Second Quarter 2025
March 30 to April 26
99,951
$ 37.98
99,951
April 27 to May 24
171,061
$ 35.20
171,061
May 25 to June 28
92,872
$ 35.86
92,872
Third Quarter 2025
June 29 to July 26
138,769
$ 35.18
138,769
July 27 to August 23
—
—
—
August 24 to September 27
148,812
$ 33.53
148,812
Total
730,665
$ 35.60
730,665
$ 14,300,000
All of these purchases were made with cash held by the Company and no debt
was incurred.
38
The Company was authorized by the Board of Directors
to repurchase up to $100 million of the Company’s common stock under a share repurchase program announced on May 8, 2017. As of
September 27, 2025, $85.7 million had been used and approximately $14.3 million remained authorized for share repurchases.
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.