Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
Period Total number of shares purchased Average price paid per share (2)
Total number of shares purchased as part of publicly announced plans or programs (1)
Maximum dollar value of shares that may yet be purchased under the plans or programs (1)
March 1, 2026 - March 28, 2026 — $ — — $ 182,536,578
March 29, 2026 - April 25, 2026 344,519 11.63 344,519 178,529,697
April 26, 2026 - May 30, 2026 1,716,744 12.24 1,716,744 157,513,691
Total 2,061,263 $ 12.14 2,061,263 $ 157,513,691
(1) Represents shares repurchased under our stock repurchase program adopted in November 2018. On January 6, 2026, the Company announced that its Board of Directors approved a $200.0 million increase in its repurchase authorization under its stock repurchase program (the “Current Authorization”). As of May 30, 2026, approximately $157.5 million remained available under the Current Authorization. Under the stock repurchase program, we may repurchase shares from time to time in the open market or in privately negotiated transactions. The stock repurchase program does not obligate us to acquire any specific number of shares over any specific period of time. We may suspend or discontinue the stock repurchase program at any time, and the stock repurchase program does not have an expiration date.
(2) Average price paid per share includes commissions, but excludes our liability under the 1% excise tax on the net amount of share repurchases required by the Inflation Reduction Act of 2022.
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Item 3. Defaults Upon Senior Securities
None.
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.