Item 2. Unregistered Sales of Equity Securities
Item 2: Unregistered Sales of Equity Securities and Use of Proceeds
Set forth below is information regarding our stock repurchases for the three months ended July 2, 2023 (in thousands, except per share amounts).
Period Total Number
of Shares
Purchased Average Price
Paid per
Share Total Number of shares Repurchased as Part of Publicly Announced Plans or Programs (1) Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs
Balance at April 2, 2023 $ 15,000
April 3, 2023 through May 7, 2023 — $ — — 315,000
May 8, 2023 through June 4, 2023 42 88.03 42 311,323
June 5, 2023 through July 2, 2023 352 92.48 352 278,776
Total 394 $ 92.01 394 $ 278,776
(1) In November 2018, our Board of Directors authorized a share repurchase program, which allows us to purchase up to $300.0 million of our common stock through open market repurchases, negotiated transactions, or other means, in accordance with applicable security laws and other regulations. In April 2023, our Board of Directors authorized an additional $300.0 million under the share repurchase program. This program is funded with cash on hand and cash flows from operating activities. The program does not have an expiration date and may be suspended at any time at the discretion of the Company. During the three months ended July 2, 2023 , we repurchased 0.4 million shares of our common stock for an aggregate cost of $36.2 million at an average price per share of $92.01. From inception of our program to the date of this filing, we have repurchased 5.5 million shares of our common stock for an aggregate cost of $324.6 million and an average price of $59.25. See Note 17. As of the da te of this filing, we had $275.4 million of authorizations remaining under the program.
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.