BROWN & BROWN, INC. 10-Q

ITEM 2. Unregistered Sales of Equi ty Securities and Use of Proceeds Issuer Purchases of Equity Securities The following table provides information about our repurchase of shares of our common stock during the three months ended September 30, 2024: Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Maximum value of shares that may yet be purchased under the plans or programs (1)(2) July 1, 2024 to July 31, 2024 — $ — — $ 249 August 1, 2024 to August 31, 2024 — — — 249 September 1, 2024 to September 30, 2024 — — — 249 Total — $ — — $ 249 (1) On July 18, 2014, the Board of Directors authorized the repurchase of up to $200.0 million of the Company's shares of common stock, and on July 20, 2015, the Board of Directors authorized the repurchase of an additional $400.0 million of the Company's shares of common stock. On May 1, 2019, the Board of Directors approved an additional repurchase authorization amount of $372.5 million to bring the total available share repurchase authorization to approximately $500.0 million. After completing these open market repurchases, the Company’s outstanding Board approved share repurchase authorization is approximately $249.5 million. Between January 1, 2014 and September 30, 2024, the Company repurchased a total of approximately 20 million shares for an aggregate cost of approximately $748 million. (2) Dollar values stated in millions.