Equity

6 Months Ended

Jun. 30, 2024

Equity

Equity

Note 9. Equity

On October 4, 2022, the Company’s Board of Directors authorized the Company to repurchase up to $50.0 million of its outstanding common stock. The Company completed the Share Repurchase Program in June 2023 with approximately 4.9 million shares purchased for $50.4 million (including commissions).

The following table summarizes the Company’s purchases of WOW common stock during the three and six months ended June 30, 2024 and 2023, respectively. These shares are reflected as treasury stock in the Company’s unaudited condensed consolidated balance sheets.

	Three months ended		Six months ended
	June 30,		June 30,
	2024	2023	2024	2023
	(shares)
Share buybacks	—	1,810,770	—	3,751,803
Income tax withholding(1)	21,317	55,276	361,208	756,421
	21,317	1,866,046	361,208	4,508,224

(1) Generally, the company withholds shares to cover the income tax withholdings of the employee upon vesting. These shares are not part of the Board of Directors approved Share Repurchase Program.