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 second quarter ended June 30, 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
April 1, 2026 - April 30, 2026 312,894 $ 79.89 312,894 $ 148,150,453
May 1, 2026 - May 31, 2026 146,170 67.35 146,170 138,305,825
June 1, 2026 - June 30, 2026 115,000 68.84 115,000 130,389,756
Total 574,064 $ 74.48 574,064 $ 130,389,756
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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