Item 1A. Risk Factors.
2K characters. Original on sec.gov · Markdown
Item 1A. Risk Factors.
There have been no material changes in the risk factors previously disclosed in response to Part I, Item 1A. “Risk Factors” set forth in the 2024 Annual Report.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
During the three months ended September 30, 2025, we repurchased shares of our Common Stock as follows:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs**(1)** | ||||||||||||||||||||||
| July 1 through July 31, 2025 | — | $ | — | — | $ | 178,522,926 | ||||||||||||||||||||
| August 1 through August 31, 2025 | 3,750 | 912 | 3,750 | $ | 175,102,375 | |||||||||||||||||||||
| September 1 through September 30, 2025 | 5,250 | 926 | 5,250 | $ | 170,242,935 | |||||||||||||||||||||
| Total | 9,000 | $ | 920 | 9,000 |
*(1)*On November 2, 2022, we announced that our Board approved a stock repurchase program to purchase up to an aggregate of $250.0 million of our outstanding Common Stock effective beginning January 1, 2023. We intend to purchase Common Stock under the repurchase program opportunistically with funds generated by cash from operations. This repurchase program has no expiration date and may be suspended from time to time, modified, extended or discontinued by the Board at any time. Purchases under the stock repurchase program may be made through a combination of open market repurchases in compliance with Rule 10b-18 promulgated under the Exchange Act, privately negotiated transactions, and/or other transactions at our discretion, including under a Rule 10b5-1 trading plan implemented by us, and will be subject to market conditions, applicable legal requirements and other factors.
Item 3. Defaults Upon Senior Securities.
Not applicable.
Item 4. Mine Safety Disclosures.
Not applicable.
Previous: Item 4. Controls and Procedures. · Next: Item 5. Other Information.