Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Purchase of Equity Securities by the Issuer and Affiliated Purchasers
On October 30, 2024, our board of directors authorized the repurchase of an additional 1.4 million shares of our common stock. This is the most recent authorization under our common stock repurchase program that was authorized on February 25, 2015. Share repurchases may be made on an opportunistic basis, through open market transactions, privately negotiated transactions, or by other means in accordance with applicable federal securities laws. During third quarter 2025, we repurchased and retired 291,400 shares at a cost of $25.0 million, or an average of $85.64 per share. Set forth below is information regarding the Company's share repurchases during the third quarter ended September 30, 2025.
Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs The Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs
July 1, 2025 - July 31, 2025 117,000 $ 88.38 117,000 853,864
August 1, 2025 - August 31, 2025 71,400 84.32 71,400 782,464
September 1, 2025 - September 30, 2025 103,000 83.46 103,000 679,464
Total 291,400 $ 85.64 291,400 679,464
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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