Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table summarizes the repurchases and cancellations of shares of our common stock during the 2024 third quarter:
Period Total Number of Shares Purchased (a) Average Price Paid per Share (b) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (c) Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (c)
August 4, 2024 to August 31, 2024 609,027 $ 49.30 609,027 $ 446,425,298
September 1, 2024 to October 5, 2024 — $ — — $ 446,425,298
October 6, 2024 to November 2, 2024 435,000 $ 53.83 435,000 $ 423,016,153
Total 1,044,027 $ 51.19 1,044,027 $ 423,016,153
(a) The total number of shares repurchased excludes shares which were net-settled, and therefore not issued, to cover employee withholding related to the vesting
of certain restricted stock awards and exercise of certain stock option awards.
(b) Excludes the impact of excise taxes.
(c) On November 29, 2023, the Board of Directors of the Company authorized a share repurchase program (the "2023 Share Repurchase Program") under which the Company was authorized to purchase up to $600 million of its outstanding shares during the three-year period ending November 29, 2026. The 2023 Share Repurchase Program did not obligate the Company to acquire any particular number of common shares, and the program may be suspended, extended, modified or discontinued at any time. As of November 2, 2024, approximately $423.0 million remained available for share repurchases pursuant to the 2023 Share Repurchase Program (see Note 2 to the accompanying financial statements).
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not Applicable.
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.