BALCHEM CORP filed this 10-Q on July 26, 2024
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BALCHEM CORP - 10-Q - 20240726 - CHANGES_IN_SECURITIES
Item 2.     Unregistered Sales of Equity Securities and Use of Proceeds
The following table summarizes the share repurchase activity for the six months ended June 30, 2024:
 
Total Number of Shares
Purchased (1)
Average Price Paid Per Share
Total Number of Shares
Purchased as
Part of Publicly Announced Plans or
Programs (2)
Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be
Purchased Under the
Plans or Programs (2)(3)
January 1-31, 2024504 $140.87 504 $92,895,219 
February 1-29, 202435,618 $144.07 35,618 $89,872,019 
March 1-31, 2024— $— — $89,872,019 
First Quarter36,122  36,122  
April 1-30, 202472 $152.79 72 $95,300,929 
May 1-31, 2024— $— — $95,300,929 
June 1-30, 2024— $— — $95,300,929 
Second Quarter72 72 
Total36,194 36,194 
(1) The Company repurchased (withheld) shares from employees solely in connection with the tax settlement of vested shares and/or exercised stock options under the Company's omnibus incentive plan.
(2) Our Board of Directors has approved a stock repurchase program. The total authorization under this program is 3,763,038 shares. Since the inception of the program in June 1999, a total of 3,139,300 shares have been purchased. Other than shares withheld for tax purposes, as described in footnote 1 above, no share repurchases were made under the Company's stock repurchase program during the three and six months ended June 30, 2024. There is no expiration for this program.
(3) Dollar amounts in this column equal the number of shares remaining available for repurchase under the stock repurchase program as of the last date of the applicable month multiplied by the monthly average price paid per share.

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