Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
During the quarter, we did not sell any equity securities not registered under the Securities Act of 1933, as amended. Purchases of equity securities by the issuer and affiliated purchasers during the three months ended June 30, 2023 were as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
Period Total Number of
Shares Purchased (1) Average
Price Paid
Per Share Total Number of Shares
Purchased as Part of
Publicly Announced
Plans Maximum Number of
Shares that May Yet Be
Purchased Under the Plans (2)
April 1, 2023 to April 30, 2023 27,407 $ 9.24 — 25,000,000
May 1, 2023 to May 31, 2023 300,493 6.98 300,000 24,700,000
June 1, 2023 to June 30, 2023 25,042 7.38 — 24,700,000
Total 352,942 $ 7.18 300,000
(1) Includes repurchases made in connection with the vesting of employee restricted stock awards.
(2) On April 26, 2022, Valley publicly announced a stock repurchase program for up to 25 million shares of Valley common stock. The authorization to repurchase will expire on April 25, 2024.
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.