Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Stock Repurchase Program
On September 21, 2017, the Company’s Board of Directors announced a capital allocation policy that authorized the repurchase of up to $1.0 billion in AECOM common stock. Stock repurchases can be made through open market purchases or other methods, including pursuant to a Rule 10b5-1 plan. On November 13, 2020, the Board approved an increase in the Company’s repurchase authorization to $1.0 billion. On September 22, 2021, the Board approved another increase in the Company’s repurchase authorization to $1.0 billion. A summary of the repurchase activity for the three months ended June 30, 2023 is as follows:
Total Number of
Maximum
Shares Purchased
Approximate Dollar
Total Number
as Part of Publicly
Value that May Yet Be
of Shares
Average Price
Announced Plans
Purchased Under the
Fiscal Period
Purchased
Paid Per Share
or Programs
Plans or Programs
April 1 - 30, 2023
—
$
—
—
$
502,045,000
May 1 - 31, 2023
634,665
78.80
634,665
452,036,000
June 1- 30, 2023
—
—
—
452,036,000
Total
634,665
$
78.80
634,665
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosure
None.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.