Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
The following table sets forth information regarding our purchases of shares of our common stock during the third quarter of fiscal year 2024.
Period Total Number of Shares
Purchased (a)
Average Price Paid per Share (b)
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 (c)
(in thousands)
August 4, 2024 to August 31, 2024
320,000 84.00 320,000 $ 91,791
September 1, 2024 to October 5, 2024
60,835 $ 78.88 60,000 87,061
October 6, 2024 to November 2, 2024
309,995 $ 86.91 299,499 61,017
Total 690,830
679,499
(a) Includes 835 shares of common stock for the period September 1, 2024 to October 5, 2024 and 10,496 shares of common stock for the period October 6, 2024 to November 2, 2024 surrendered to the Company by employees to satisfy their tax withholding obligations in connection with the vesting of restricted stock and performance stock awards. See Note 7 "Treasury Shares and Share Repurchase Programs" of our condensed consolidated financial statements included in this Quarterly Report on Form 10-Q for additional information.
(b) Excludes the impact of excise tax imposed on share repurchases pursuant to the Inflation Reduction Act.
(c) On November 18, 2021, the Company announced that on November 16, 2021, the Company's board of directors approved the 2021 Repurchase Program, that allows the Company to repurchase up to $500.0 million of its outstanding common stock. The 2021 Repurchase Program expires in January 2025. On November 18, 2024, the Company’s board of directors approved a new share repurchase program. The authorization allows the Company to repurchase up to $1.0 billion of its outstanding common stock and will expire in January 2029.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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