BELDEN INC. 10-Q

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 October 1, 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 July 2, 2023 $ 278,776 July 3, 2023 through August 6, 2023 62 $ 94.72 62 272,948 August 7, 2023 through September 3, 2023 327 88.98 327 243,869 September 4, 2023 through October 1, 2023 301 95.76 301 215,000 Total 690 $ 92.46 690 $ 215,000 (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 October 1, 2023 , we repurchased 0.7 million shares of our common stock for an aggregate cost of $63.8 million at an average price per share of $92.46. From inception of our program to the date of this filing, we have repurchased 6.1 million shares of our common stock for an aggregate cost of $385.0 million and an average price per share of $62.78. See Note 17. As of the da te of this filing, we had $215.0 million of authorizations remaining under the program.