Stockholders' Equity

12 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders' Equity

Cash Dividends. In each of the years ended December 31, 2024, 2023 and 2022, we paid dividends of $0.55 per share (prior to the Merger), $2.10 per share, and $2.00 per share per share, respectively. In 2024 subsequent to the Merger, we paid dividends of $82.6 million.

Common Stock Repurchase Program. Through April 19, 2024, we were authorized to repurchase up to 4,000,000 shares of our common stock. We did not repurchase any shares of our common stock under this repurchase program during the years ended December 31, 2024, 2023 or 2022. The repurchase program ended upon the Merger.