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) The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended June 30, 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)
April 1, 2024 - April 30, 2024 683 $ 39.99 683 $ 1,466,205
May 1, 2024 - May 31, 2024 650 $ 39.39 650 1,440,604
June 1, 2024 - June 30, 2024 129 $ 40.10 129 1,435,431
Total 1,462 $ 39.73 1,462 $ 1,435,431
(1) Dollar amount excludes commissions paid.
On January 26, 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 from time to time over a period of 12 months in the open market, based on prevailing market prices, or in privately negotiated transactions. This stock repurchase program expires on January 26, 2025, unless sooner completed.
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
None.
Item 4. Mine Safety Disclosures
Not applicable.
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