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COMMON STOCK REPURCHASE PROGRAM | 12 Months Ended
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Dec. 31, 2019
COMMON SHARE REPURCHASE PROGRAM |
COMMON STOCK REPURCHASE PROGRAM | COMMON STOCK REPURCHASE PROGRAM The Company has a share repurchase program for up to $55 million of the Company's common shares. At management's discretion, the Company repurchases its common shares from time to time in the open market, depending on market conditions, stock price and other factors. During the year ended December 31, 2019, the Company purchased a total of 3.4 million shares for $288,134 at an average cost per share of $85.52. As of December 31, 2019, there remained 2.8 million shares remained available for repurchase under the stock repurchase program. The treasury shares have not been retired. On February 12, 2020, the Company's Board of Director's approved a new share repurchase program authorizing the Company to repurchase, in the aggregate, up to $10 million shares of its outstanding common stock.

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- Definition This element is used to disclose information related to the company's common share repurchase program. + References No definition available. + Details
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