Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) Not applicable.
(b) Not applicable.
(c) The following provides information about our repurchases of shares of our common stock during the fiscal quarter ended June 29, 2024. During that period, we did not act in concert with any affiliate or any other person to acquire any of our common stock and, accordingly, we do not believe that purchases by any such affiliate or other person (if any) are reportable in the following table. For purposes of this table, we have divided the fiscal quarter into three periods of four weeks, four weeks, and five weeks, respectively, to coincide with our reporting periods during the second quarter of fiscal 2024.
Issuer Purchases of Equity Securities
Period (a)
Total Number of
Shares
Purchased(1)(2) (b)
Average Price
Paid per Share(1)(2) (c)
Total Number of Shares
Purchased as Part of
Publicly Announced
Plans or Programs(2) (d)
Approximate
Dollar Value of
Shares that May Yet
Be Purchased
Under the Plans
or Programs(2)
March 31, 2024 to April 27, 2024 2,340 $ 147.94 — $ 37,194,638
April 28, 2024 to May 25, 2024 74,635 $ 168.38 74,635 $ 24,627,282
May 26, 2024 to June 29, 2024 65,862 $ 175.20 65,862 $ 13,088,568
Total 142,837 $ 171.19 140,497
_______________________________
(1) During the four weeks ended April 27, 2024, we accepted 2,340 shares of our common stock as a tax withholding from certain of our employees in connection with the vesting of shares of restricted stock that occurred during the indicated period, pursuant to the terms of our Amended and Restated 2006 Equity Incentive Plan, as amended, at the average price of $147.94.
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(2) On February 29, 2024, we announced that our Board of Directors authorized an expansion to our existing share repurchase program of an additional $35.0 million of outstanding shares of our common stock. We may repurchase shares under this program in open market purchases (including through any Rule 10b5-1 plan adopted by us) or in privately negotiated transactions in accordance with applicable insider trading and other securities laws and regulations. During the four weeks ended May 25, 2024, we repurchased and retired 74,635 shares under our share repurchase program at an average price per share of $168.38. During the five weeks ended June 29, 2024, we repurchased and retired 65,862 shares under our share repurchase program at an average price per share of $175.20.Approximately $13.1 million was available for future repurchases under this program as of June 29, 2024. We expect to continue to repurchase shares under this program.
ITEM 3. Defaults Upon Senior Securities
None.
ITEM 4. Mine Safety Disclosures
None.
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.