Item 2. Unregistered Sales of Equity Securities
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table sets forth information about the Company's purchases of its $5 par value common stock, its only class of common stock registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.
Period
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as part of Publicly Announced Program
Maximum Number that May Yet Be Purchased Under the Program
January 1 - 31, 2024 156,436 $ 54.03 156,436 1,600,811
February 1 - 29, 2024 379,435 $ 51.32 379,435 1,221,376
March 1 - 31, 2024 270,346 $ 52.16 270,346 951,030
Total 806,217 $ 52.13 806,217 951,030
The Company's stock purchases shown above were made under authorizations by the Board of Directors. Under the most recent authorization in April 2022 of 5,000,000 shares, 951,030 shares remained available for purchase at March 31, 2024. On April 17, 2024, the share repurchase authorization was increased to 5,000,000 shares.
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.