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 March 29, 2024, there was $153.1 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 the second quarter of fiscal 2024 (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 30, 2023 to January 26, 2024 137 $ 153.43 137 $ 191,624
January 27, 2024 to March 1, 2024 185 $ 147.98 185 $ 164,219
March 2, 2024 to March 29, 2024 67 $ 166.85 67 $ 153,113
Total 389 389
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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