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TREASURY STOCK
6 Months Ended
Jun. 30, 2020
TREASURY STOCK  
TREASURY STOCK

NOTE 14. TREASURY STOCK

In February 2020, the Company’s Board of Directors approved a $10 million stock repurchase program (the “$10 Million Repurchase Program”). During the six months ended June 30, 2020, the Company repurchased 88,565 shares of its common stock on the open market for a total cost of approximately $4.1 million, or an average price per share of $46.29. The shares of the Company’s common stock repurchased during the six months ended June 30, 2020 were returned to the Company’s treasury. The $10 Million Repurchase Program does not have an expiration date.