The company today announced that its board of directors (the “Board”) has authorized a program to repurchase up to $150.0 million worth of the Company’s common stock in the open market (the “Share Repurchase Program”). The timing, manner, price and amount of any share repurchases will be determined by the Company, in its discretion, based upon the evaluation of economic and market conditions, the Company’s stock price, applicable legal, contractual and regulatory requirements and other factors. The Share Repurchase Program is expected to be in effect until March 20, 2026, unless extended or until the aggregate repurchase amount has been expended.