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 March 31, 2024 (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 December 31, 2023 $ 172,865 January 1, 2024 through February 4, 2024 102 $ 77.10 102 165,000 February 5, 2024 through March 3, 2024 111 84.89 111 155,558 March 4, 2024 through March 31, 2024 462 87.73 462 115,000 Total 675 $ 85.66 675 $ 115,000 (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 March 31, 2024 , we repurchased 0.7 million shares of our common stock for an aggregate cost of $57.9 million at an average price per share of $85.66. From inception of our program to the date of this filing, we have repurchased 7.4 million shares of our common stock for an aggregate cost of $485.0 million and an average price per share of $65.73. See Note 14. As of the da te of this filing, we had $115.0 million of authorizations remaining under the program.