−Removed: Item 2 Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
+Added: Item 2 Unregistered Sales of Equity Securities and Use of Proceeds
(a) Not applicable.
(b) Not applicable.
−Removed: (c) The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended September 30, 2023:
+Added: (c) The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended March 31, 2024:
Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximated Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (1)
−Removed: July 1, 2023 - July 31, 2023 2,280 $ 36.24 2,280 $ 891,146
−Removed: August 1, 2023 - August 31, 2023 2,494 $ 37.45 2,494 797,749
−Removed: September 1, 2023 - September 30, 2023 1,395 $ 37.14 1,395 745,942
+Added: January 1, 2024 - January 31, 2024 100 $ 39.36 100 $ 1,499,900
+Added: February 1, 2024 - February 29, 2024 64 $ 39.75 64 1,499,836
+Added: March 1, 2024 - March 31, 2024 — $ — — 1,499,836
Total 164 $ 39.51 164 $ 1,499,836
(1) Dollar amount excludes commissions paid.
−Removed: On July 25, 2023, the Company announced that its Board of Directors approved an extension of the Company’s existing stock repurchase program, which was set to expire on July 31, 2023, until January 31, 2024.
−Removed: Under the existing stock repurchase program, the Company is authorized to repurchase up to $4.0 million of its outstanding shares of common stock (of which approximately $741 thousand remained available as of September 30, 2023) from time to time in the open market, based on prevailing market prices, or in privately negotiated transactions.
−Removed: The actual timing, number and value of shares repurchased under the stock repurchase program will depend on a number of factors, including constraints specified in any trading plan that may be adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 and limitations imposed on repurchases made pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, price, general business and market conditions, and alternative investment opportunities.
+Added: On July 25, 2023, the Company announced that its Board of Directors approved an extension of the Company’s then existing stock repurchase program, which was set to expire on July 31, 2023, until January 31, 2024.
+Added: Under this stock repurchase program, the Company was authorized to repurchase up to $4.0 million of its outstanding shares of common stock from time to time in the open market, based on prevailing market prices, or in privately negotiated transactions.
+Added: On January 26
+Added: , 2024, the Company announced that its Board of Directors approved a new stock repurchase program, authorizing the Company to purchase up to $1.5 million of the Company’s issued and outstanding common stock over a period of 12 months expiring on January 26, 2025.
+Added: The actual timing, number and value of shares repurchased under the Company’s stock repurchase programs will depend on a number of factors, including constraints specified in any trading plan that may be adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 and limitations imposed on repurchases made pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, price, general business and market conditions, and alternative investment opportunities.
Item 3 Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.