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. 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. As of June 24, 2022, there was $403.2 million of purchases remaining under the plan. 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
March 26, 2022 to April 22, 2022 708 $ 95.32 708 $ 71,479
April 23, 2022 to May 27, 2022 388 $ 102.63 388 $ 431,642
May 28, 2022 to June 24, 2022 278 $ 102.33 278 $ 403,206
Total 1,374 1,374
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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