Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
(c) Issuer Purchases of Equity Securities
During the first quarter of Fiscal 2021, the Company suspended its $500 million share-repurchase program in response to the continued impact of the COVID-19 pandemic. The Company also has in place a “withhold to cover” repurchase program, which allows the Company to withhold ordinary shares from certain executive officers and directors to satisfy minimum tax withholding obligations relating to the vesting of their restricted share awards.
The following table provides information of the Company’s ordinary shares repurchased or withheld during the three months ended September 26, 2020:
Total Number
of Shares Average Price
Paid per Share Total Number of
Shares (or Units)
Purchased as Part of
Publicly Announced
Plans or Programs Approximated Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (in millions)
June 28 – July 25 — $ — — $ 400
July 26 – August 22 9,516 $ 16.33 — $ 400
August 23 – September 26 — $ — — $ 400
9,516 —
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