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Treasury Stock
9 Months Ended
Sep. 30, 2019
Treasury Stock.  
Treasury Stock

14. Treasury Stock

The Board of Directors has authorized the Company to repurchase up to $175,000 in aggregate of common stock, from time to time, depending on market conditions and other considerations. The expiration date on the repurchase authorization is December 31, 2020. Repurchases occur at the Company’s discretion. Repurchases may be made in the open market. or in privately negotiated transactions, pursuant to the applicable Securities and Exchange Commission rules. The amount and timing of future share repurchases, if any, will be made as market and business conditions warrant. During the nine months ended September 30, 2019 the Company repurchased 175 shares of common stock at an aggregate cost of $17,293. At September 30, 2019, there remained $70,809 available under its current share repurchase authorization. Shares repurchased in lieu of taxes are not included in the repurchase plan totals as they were approved in conjunction with the restricted share awards. Subsequent to September 30, 2019, the Company repurchased 78 shares of common stock at an aggregate cost of $7,692.