Barnes & Noble Education, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities The following table provides information as of August 1, 2020 with respect to shares of Common Stock we purchased during the first quarter of Fiscal 2021: Period Total Number of Shares Purchased Average Price Paid per Share (a) 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 May 3, 2020 - May 30, 2020 — $ — — $ 26,669,324 May 31, 2020 - July 4, 2020 — $ — — $ 26,669,324 July 5, 2020 - August 2, 2020 — $ — — $ 26,669,324 — $ — — (a) This amount represents the average price paid per common share. This price includes a per share commission paid for all repurchases. On December 14, 2015, our Board of Directors authorized a stock repurchase program of up to $50 million, in the aggregate, of our outstanding Common Stock. The stock repurchase program is carried out at the direction of management (which may include a plan under Rule 10b5-1 of the Securities Exchange Act of 1934). The stock repurchase program may be suspended, terminated, or modified at any time. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes. During the 13 weeks ended August 1, 2020, we did not repurchase any shares of our Common Stock under the program. During the 13 weeks ended August 1, 2020, we repurchased 178,669 shares of our Common Stock outside of the stock repurchase program in connection with employee tax withholding obligations for vested stock awards.