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. On November 11, 2022, the board of directors approved an amendment to the aforementioned plan, extending it to a total repurchase authorization of the Company’s outstanding stock of $1,300.0 million. The share repurchase program will be funded from the Company ’ s available cash balances. As of June 30, 2023, there was $384.1 million of purchases remaining under the plan. 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 2023 (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
April 1, 2023 to April 28, 2023 611 $ 127.46 611 $ 453,079
April 29, 2023 to June 2, 2023 558 $ 123.66 558 $ 384,095
June 3, 2023 to June 30, 2023 0 $ 0.00 0 $ 384,095
Total 1,169 1,169
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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