ARMSTRONG WORLD INDUSTRIES INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS (c) Issuer Purchases of Equity Securities Period Total Number of Shares Purchased (1) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Approximate Value of Shares that may yet be Purchased under the Plans or Programs April 1 – 30, 2021 89,103 $ 92.91 32,104 $ 580,779,398 May 1 – 31, 2021 162,729 $ 104.71 162,354 $ 563,779,462 June 1 – 30, 2021 29 $ 107.58 - $ 563,779,462 Total 251,861 194,458 (1) Includes shares reacquired through the withholding of shares to pay employee tax obligations upon the exercise of options or vesting of restricted shares previously granted under our long-term incentive plans. Since July 29, 2016, our Board of Directors has approved our share repurchase program pursuant to which we are currently authorized to repurchase up to $1,200.0 million of our outstanding shares of common stock through December 31, 2023 (the “Program”). Repurchases under the Program may be made through open market, block and privately negotiated transactions, including Rule 10b5-1 plans, at such times and in such amounts as management deems appropriate, subject to market and business conditions, regulatory requirements and other factors. The Program does not obligate AWI to repurchase any particular amount of common stock and may be suspended or discontinued at any time without notice. During the six months ended June 30, 2021, we repurchased 0.3 million shares under the Program for a total cost of $30.0 million, excluding commissions, or an average price of $93.72 per share. Since inception, through June 30, 2021, we have repurchased 10.0 million shares under the Program for a total cost of $636.2 million, excluding commissions, or an average price of $63.35 per share. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. MINE SAFETY DISCLOSURES Not Applicable.