Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
On November 16, 2021, the board of directors approved a share repurchase program, under which the Company may repurchase up to $400.0 million of its outstanding common stock. As of March 25, 2022, there was $138.9 million of purchases remaining under the plan. On April 26, 2022, the board of directors approved an amendment to the aforementioned plan, extending it to a total repurchase of the Company’s outstanding common stock of $800.0 million. The share repurchase program will be funded from the Company ’ s available cash balances. This share repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be terminated at any time at the Company ’ s discretion.
The following table shows our purchases of our common stock under this plan during fiscal 2022 (in thousands, except per share data):
Period
(4-5-4 calendar) Total Number Of Shares Purchased Avg Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Value of Shares that May Yet Be Purchased Under the Program
December 25, 2021 to January 21, 2022 271 $ 107.27 271 $ 266,418
January 22, 2022 to February 25, 2022 729 $ 100.57 729 $ 193,103
February 26, 2022 to March 25, 2022 539 $ 100.49 539 $ 138,917
Total 1,539 1,539
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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