Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities.
−Removed: On November 9, 2021, our Board of Directors approved and announced a new stock repurchase program under which the Company is authorized to repurchase up to 6,000,000 shares of its common stock.
−Removed: As of March 31, 2024, the Company had purchased 3,856,008 shares pursuant to this authorization and had 2,143,992 shares rem aining available for repurchase.
+Added: On May 14, 2024, the Board of Directors approved a new stock repurchase program under which the Company is authorized to repurchase up to 5,000,000 shares of its common stock.
+Added: We disclosed this authorization on May 15, 2024 in a Form 8-K.
+Added: Upon approval of the new program, the Board of Directors withdrew the previous stock repurchase authorization that was approved on November 9, 2021, which had 1,627,651 shares rem aining available for repurchase .
+Added: As of June 30, 2024, the Company had purchased 1,103,651 shares pursuant to the new authorization and had 3,896,349 shares rem aining available for repurchase.
The Company may purchase shares from time to time depending on market, economic, and other factors.
The authorization will continue unless withdrawn by the Board of Directors.
−Removed: The following table summarizes our stock repurchases during first quarter 2024 made pursuant to this authorization.
−Removed: The Company did not purchase any shares during first quarter 2024 other than pursuant to this authorization.
+Added: The following table summarizes our stock repurchases during second quarter 2024 made pursuant to the November 2021 (516,341 shares) and May 2024 (1,103,651 shares) stock repurchase authorizations.
+Added: The Company did not purchase any shares during second quarter 2024 other than pursuant to these authorizations.
All stock repurchases were made by the Company or on its behalf and not by any “affiliated purchaser,” as defined by Rule 10b-18 of the Exchange Act.
11 unchanged sentences
Plans or Programs
−Removed: January 1-31, 2024 — $ — — 2,311,810
−Removed: February 1-29, 2024 — $ — — 2,311,810
−Removed: March 1-31, 2024 167,818 $ 38.64 167,818 2,143,992
+Added: April 1-30, 2024 — $ — — 2,143,992
+Added: May 1-31, 2024 1,293,609 $ 37.09 1,293,609 4,222,732
+Added: June 1-30, 2024 326,383 $ 36.82 326,383 3,896,349
Total 1,619,992 $ 37.04 1,619,992
1 unchanged sentence
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.