BARRETT BUSINESS SERVICES INC
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 1, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
The following table summarizes information related to stock repurchases during the quarter ended June 30, 2024.
| Month · Total Number of Shares Repurchased (1) · Average PricePaid Per Share (1) · Total Numberof SharesRepurchasedas Part ofPubliclyAnnounced Plan (1)(2) · ApproximateDollar Value ofShares thatMay Yet BeRepurchasedUnder the Plan(in thousands) (1)(2) | |||||
|---|---|---|---|---|---|
| April | 56,000 | $30.32 | 56,000 | $50,228 | |
| May | 85,580 | 30.98 | 85,580 | 47,577 | |
| June | 81,200 | 33.22 | 81,200 | 44,879 | |
| Total | 222,780 | 222,780 | |||
(1) Prior period results have been adjusted to reflect the four-for-one stock split effected in the form of a stock dividend in June 2024. See Note 1, Basis of Presentation of Interim Period Statements for details.
(2) On July 31, 2023, the Board of Directors authorized the repurchase of up to $75.0 million of the Company’s common stock over a two-year period beginning July 31, 2023. The new repurchase program replaces the program approved in February 2022. As of June 30, 2024, the Company had repurchased 1,103,088 shares at an aggregate purchase price of $30.1 million under the new repurchase program.
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