Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Recent Sales of Unregistered Securities
None.
Use of Proceeds
Not applicable.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table provides information with
respect to purchases made by or on behalf of the Company or any “affiliated purchaser” of shares of our common stock.
Total Number
of Shares
Purchased
Average Price
Paid Per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Approximate
Dollar Value of
Shares that
May Yet Be Purchased
Under the Plans or
Programs
Period
(in thousands)
July 1, 2025 to July 31, 2025
—
$ —
—
August 1, 2025 to August 31, 2025
—
$ —
—
September 1, 2025 to September 30, 2025
6,814,364
$ 13.21
6,814,364
Total
6,814,364
$ —
6,814,364
$ 59,962
On October 27, 2025, our Board of
Directors approved an increase of $190.0 million to our share repurchase program, bringing the total authorization to $250.0 million,
which expires on April 27, 2028. During the nine months ended September 30, 2025, we repurchased 8,096,862 shares of our common stock
under this program for an aggregate cost of approximately $102.7 million. As of November 6, 2025, $250.0 million remained under this
program for future repurchases.
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.