On March 13, 2024, the company announced that its Board of Directors will consider share repurchase program. Under the Dutch-Auction Tender offer, the company will repurchase up to $30 million worth of its shares. The shares will be repurchased between the price range of $13.75 per share $15.00 per share.

The purpose of the offer is to drive further value for company's shareholders. The offer will commence on April 10, 2024, and will be valid till May 10, 2024 unlesss expanded or terminated.