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Stock Re-purchase Program
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Stock Re-purchase Program

20. Stock Re-purchase Program On March 8, 2022, pursuant to a Board of Directors resolution, the Company announced its intention to repurchase an aggregate number of up to 1,000,000 shares of its common stock, par value $0.10 per share, in the open market over the succeeding one year at a price not to exceed $20 per share, subject to limitations and restrictions under applicable securities laws.

The table below summarizes the number of shares of the Company’s common stock that were repurchased during the three months ended March 31, 2022. There were no such purchases during the three months ended March 31, 2021.  

 

Month ended

 

Total number of

shares purchased

 

 

Average price paid

per share

 

 

Total amount paid

 

 

Maximum number of shares that may yet be purchased under the plan

 

March 31, 2022

 

 

332,404

 

 

$

18.71

 

 

$

6,219

 

 

 

667,596

 

Total number of shares repurchased

 

 

332,404

 

 

$

18.71

 

 

$

6,219

 

 

 

667,596