Table:
|  | 2019 |  | 2018 |  | 2017 |  |
| --- | --- | --- | --- | --- | --- | --- |
| (in thousands) | Shares | Amount | Shares | Amount | Shares | Amount |
| January 1, |  | $6,620 |  | $34,892 |  | $39,385 |
| Authorizations (1) |  | $60,000 |  | $27,003 |  | $ - |
| Repurchases | (333) | $(21,136) | (1,001) | $(55,275) | (99) | $(4,493) |
| December 31, |  | $45,484 |  | $6,620 |  | $34,892 |
Paragraphs:
Stock repurchases
(1) On March 15, 2019, the Company announced that the Board of Directors extended the expiration date of the current stock repurchase program to June 30, 2020 and increased the amount of common stock the Company is authorized to repurchase by $60 million.
Question:
What is the value of stock repurchases as at January 1, 2019 as a percentage of the stock repurchases as at January 1, 2018?
Answer: 6620/34892  = 18.97