Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
(a) Not applicable
(b) Not applicable
(c) On May 19, 2021, the Board of Directors authorized a third stock repurchase program for up to 1,263,841 shares, or approximately 10% of its then outstanding shares. This repurchase program was completed on July 7, 2022. The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended June 30, 2022:
Total
number of
shares
purchased Average
price
paid
per share Total number of
shares purchased
as part of
publicly announced
plans or programs Maximum number of shares that may yet be purchased under the plans or programs (1)
April 1, 2022 - April 30, 2022 18,906 $ 16.81 18,906 890,456
May 1, 2022 - May 31, 2022 345,816 16.36 345,816 544,640
June 1, 2022 - June 30, 2022 97,169 15.44 97,169 447,471
461,891 16.18 461,891
(1) On July 21, 2022, the Company announced that its Board of Directors authorized a fourth stock repurchase program for up to 1,184,649 shares, or approximately 10% of its then outstanding shares, which will expire in July 2023, unless completed sooner.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Nothing to report.
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.