Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
As announced on October 29, 2020 in a current report on Form 8-K, the Company's Board of Directors approved a $100 million stock repurchase program to purchase its outstanding common stock. The program was completed during the first quarter of fiscal year 2023. The repurchase program was funded using our available cash. The following table sets forth repurchases of our common stock during the current quarter:
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of the Publicly Announced Program Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program (in thousands)
April 3, 2022 to May 7, 2022
163,040 $ 238.96 163,040 $ —
May 8, 2022 to June 4, 2022 — — — —
June 5, 2022 to July 2, 2022 — — — —
163,040 $ 238.96 163,040 $ —
As announced on May 26, 2022 in a current report on Form 8-K, the Company's Board of Directors approved another $100 million stock repurchase program with the same terms and conditions as the previous plan. There have been no repurchases made under this program.
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.