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Stock Re-purchase Program
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Stock Re-purchase Program

21. 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- and six-month periods ended June 30, 2022. There were no such purchases during the three- and six-month periods ended June 30, 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

 

April 30, 2022

 

 

100

 

 

$

19.99

 

 

$

2

 

 

 

667,496

 

May 31, 2022

 

 

506

 

 

$

19.99

 

 

$

11

 

 

 

666,990

 

Total number of shares repurchased

 

 

333,010

 

 

$

18.71

 

 

$

6,232

 

 

 

666,990