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 first quarter of fiscal year 2025.
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)
February 2, 2025 to March 1, 2025
36,619 $ 99.62 — $ 1,000,000
March 2, 2025 to April 5, 2025
327,321 114.62 55,000 993,765
April 6, 2025 to May 3, 2025
1,162 117.57 — 993,765
Total 365,102
55,000
(a) Includes 36,619 shares of common stock for the period February 2, 2025 to March 1, 2025, 272,321 shares of common stock for the period March 2, 2025 to April 5, 2025, and 1,162 shares of common stock for the period April 6, 2025 to May 3, 2025 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, 2024, the Company’s board of directors approved the 2024 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.
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Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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.