CRAWFORD & CO
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
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Sep 30, 2024 · Filed Nov 4, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The Company's share repurchase authorization, approved on November 4, 2021 by the Company's Board of Directors, provided the Company with the ability to repurchase up to 2,000,000 shares of CRD-A or CRD-B (or a combination of the two) through December 31, 2023 (the "2021 Repurchase Authorization"). On February 11, 2022, the Company’s Board of Directors added 5,000,000 shares to this authorization. The Company's Board of Directors subsequently amended this authorization to allow for repurchases through December 31, 2025. Under the 2021 Repurchase Authorization, repurchases may be made for cash, in the open market or privately negotiated transactions at such times and for such prices as management deems appropriate, subject to applicable contractual and regulatory restrictions. As of September 30, 2024 the Company was authorized to repurchase 1,113,875 shares under the 2021 Repurchase Authorization.
| Period · TotalNumber ofSharesPurchased · Average PricePaidPer Share · Total Numberof SharesPurchased asPart of PubliclyAnnounced Plansor Programs · Maximum Numberof Shares ThatMay be PurchasedUnder the Plansor Programs | |||||
|---|---|---|---|---|---|
| Balance as of June 30, 2024 | 1,268,558 | ||||
| CRD-A | — | $— | — | ||
| CRD-B | 33,502 | $8.73 | 33,502 | ||
| Totals of July 31, 2024 | 1,235,056 | ||||
| CRD-A | — | $— | — | ||
| CRD-B | 58,679 | $9.80 | 58,679 | ||
| Totals of August 31, 2024 | 1,176,377 | ||||
| CRD-A | — | $— | — | ||
| CRD-B | 62,502 | $10.60 | 62,502 | ||
| Totals as of September 30, 2024 | 154,683 | 154,683 | 1,113,875 | ||
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