AMPHENOL CORP /DE/ 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds ​ Repurchase of Equity Securities ​ In April 2018, the Company’s Board of Directors authorized a stock repurchase program under which the Company may purchase up to $2.0 billion of the Company’s Common Stock during the three-year period ending April 24, 2021 (the “2018 Stock Repurchase Program”) in accordance with the requirements of Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Company did not repurchase any of its Common Stock during the three months ended June 30, 2020. The Company has not repurchased any additional shares of its Common Stock from July 1, 2020 to July 21, 2020, and has remaining authorization to purchase up to $587.9 million of its Common Stock under the 2018 Stock Repurchase Program. The price and timing of any future purchases under the 2018 Stock Repurchase Program will depend on a number of factors such as levels of cash generation from operations, the level of uncertainty relating to the COVID-19 pandemic, the volume of stock option exercises by employees, cash requirements for acquisitions, dividends, economic and market conditions and stock price. ​ The table below reflects the Company’s stock repurchases for the three months ended June 30, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ Maximum Dollar (dollars in millions, except price per share) ​ ​ ​ ​ ​ ​ Shares Purchased as ​ Value of Shares ​ ​ Total Number ​ Average ​ Part of Publicly ​ that May Yet be ​ ​ of Shares ​ Price Paid ​ Announced Plans or ​ Purchased Under the Period Purchased per Share Programs Plans or Programs April 1 to April 30, 2020 — $ — — $ 587.9 ​ May 1 to May 31, 2020 — ​ — — 587.9 ​ June 1 to June 30, 2020 — ​ — — 587.9 ​ Total — $ — — $ 587.9 ​ ​ ​ Item 3. Defaults Upon Senior Securities ​ None. ​ Item 4. Mine Safety Disclosures ​ Not Applicable. ​