Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
On October 30, 2025, our board of directors approved a share repurchase authorization of $300.0 million of our outstanding common stock, excluding applicable fees and taxes. 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. We are not obligated to purchase any shares and there is no set date that the share repurchase program will expire. Our board of directors, at its discretion, may increase or decrease the amount authorized or terminate the share repurchase program at any time.
Set forth below is information with respect to the purchases of our common stock during the first quarter ended March 31, 2026:
Total Number of Shares Purchased Average Price Paid per Share (exclusive of applicable fees and taxes) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs
January 1, 2026 - January 31, 2026 308,891 $ 80.93 308,891 $ 213,645,628
February 1, 2026 - February 28, 2026 160,393 86.78 160,393 199,726,089
March 1, 2026 - March 31, 2026 361,467 73.53 361,467 173,148,336
Total 830,751 $ 78.84 830,751 $ 173,148,336
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
34
Table of Contents
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.