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Share Repurchase Plan
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Share Repurchase Plan

Note 15. Share Repurchase Plan

During the second quarter of 2023, the Board of Directors approved a share repurchase plan of up to 5% of outstanding common stock. Repurchases may be made through open market purchases or in privately negotiated transactions. The actual timing, number, and value of shares repurchased under the plan will be determined by a committee of the Board.

During the first quarter of 2024, the Company repurchased 874 shares under this plan at an average price of $29.60 per share. Through May 14, 2024, a total of 20,350 shares have been repurchased at an average price of $27.42 year-to-date.