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Stockholders' equity and dividend payment | 12 Months Ended
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Dec. 31, 2024
Stockholders' equity and dividend payment [Abstract] |
Stockholders' equity and dividend payment | Note 10 – Stockholders’ equity and dividend payment Stockholders’ equity
(Dollars in thousands, except per share data) |  | Common stock |  |  | P referred stock |
Issued at December 31, 2022 |  |  | 162,653,339 |  |  |  |
Restricted stock issued |  |  | 556,130 |  |  |  |
Retirement of treasury shares |  |  | (2,209,927 | ) |  |  |
Issued at December 31, 2023 |  |  | 160,999,542 |  |  |  |
Restricted stock issued |  |  | 464,945 |  |  |  |
Retirement of treasury shares |  |  | (1,481,383 | ) |  |  |
Issued at December 31, 2024 |  |  | 159,983,104 |  |  |  |
Par value |  | $ | 0.01 |  |  | $ | 0.01 |
Number of shares authorized for issue at December 31, 2024 |  |  | 250,000,000 |  |  |  |  |
Common stock Each outstanding share of common stock entitles the holder to one vote on all matters submitted to a vote of stockholders. Preferred stock Terms and rights of preferred shares will be established by the board when or if such shares would be issued. Stock repurchases In 2024, the Company purchased 1,481,383, or 0.9%, of its outstanding shares in the open market for an aggregate consideration of $13.2 million, at an average price of $8.89 per share. All shares were retired upon receipt. In 2023, the Company purchased 2,209,927 of its own shares in the open market for an aggregate consideration of $18.8 million, at an average price of $8.49 per share. All shares were retired upon receipt. In 2022, the Company purchased 4,326,379 of its own shares in the open market for an aggregate consideration of $24.8 million, at an average price of $5.71 per share. All shares were retired upon receipt. Dividend payments
Dividend payments as of December 31, 2024: |  |  |  | Per share
Payment date: |  | Total payment |  | Common
February 28, 2024 | $ | 35.5 million |  | $ | 0.22
May 31, 2024 | $ | 46.8 million |  | $ | 0.29
August 30, 2024 | $ | 43.6 million |  | $ | 0.27
November 29, 2024 | $ | 35.5 million |  | $ | 0.22
Total payments as of December 31, 2024 | $ | 161.4 million |  | $ | 1.00
Dividend payments as of December 31, 2023: |  |  |  | Per share
Payment date: |  | Total payment |  | Common
February 24, 2023 | $ | 61.9 million |  | $ | 0.38
May 25, 2023 | $ | 37.5 million |  | $ | 0.23
August 30, 2023 | $ | 56.7 million |  | $ | 0.35
November 28, 2023 | $ | 30.6 million |  | $ | 0.19
Total payments as of December 31, 2023 | $ | 186.7 million |  | $ | 1.15
Dividend payments as of December 31, 2022: |  |  |  | Per share
Payment date: |  | Total payment |  | Common
February 24, 2022 | $ | 3.3 million |  | $ | 0.02
May 26, 2022 | $ | 3.3 million |  | $ | 0.02
August 30, 2022 | $ | 6.5 million |  | $ | 0.04
November 29, 2022 | $ | 6.5 million |  | $ | 0.04
Total payments as of December 31, 2022 | $ | 19.7 million |  | $ | 0.12
Refer to Note 18 for the dividend paid after the reporting date.

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