Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Information on Share Repurchases
The number of shares of common stock repurchased by the Company during the first quarter of fiscal 2021 and the average price paid per share are as follows:
Maximum number (or
Total number of shares
approximate dollar value)
purchased as part of
of shares that may yet be
Total number of
Average price paid
publicly announced
purchased under the plans
Period
shares purchased
per share (1)
plans or programs (2)
or programs (2)
February (1/31/21 - 2/27/21)
103,353
$
68.13
103,353
$
26,377,613
March (2/28/21 - 04/03/21) (3)
349,576
$
86.30
99,576
$
18,062,197
April (4/4/21 - 5/1/21)
84,567
$
97.68
84,567
$
9,803,187
Total
537,496
287,496
(1)
Includes commissions for the shares repurchased under the stock repurchase program.
(2)
On March 13, 2020 the Company announced that its board of directors approved a $30.0 million stock repurchase program. On December 22, 2020, the Company announced that its board of directors approved an additional $30.0 million stock repurchase program. Neither program has an expiration date.
(3)
On March 23, 2021, the Company completed a block repurchase of 250,000 shares of its common stock at a per share price of $87.40 for an aggregate cost of $21.9 million.
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Table of Contents
On June 2, 2021, the Company announced that its board of directors approved another program that authorized the repurchase of up to $30.0 million in shares of the Company’s common stock.
Item 3. Defaults Upon Senior Securities.
Not applicable.
Item 4. Mine Safety Disclosures.
Not applicable.
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.