Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table sets forth repurchases of our common stock during the first quarter of fiscal year 2026:
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs 1
Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
(in thousands)
March 30, 2025 to May 3, 2025
55,744 $ 479.62 55,744 $ 51,028
May 4, 2025 to May 31, 2025
24,813 459.65 24,813 189,623
June 1, 2025 to June 28, 2025
27,736 427.55 27,736 177,765
108,293 108,293
The payment of dividends to Company stockholders is subject to the discretion of the Board of Directors, and various factors may prevent us from paying dividends. Such factors include Company cash requirements, covenants of our credit agreement and liquidity or other requirements of state, corporate and other laws.
1 The stock repurchase plan announced on October 31, 2024 approved $100 million in stock repurchases. There is $28 million dollars remaining as of June 28, 2025 from this approval. The stock repurchase plan announced on May 22, 2025 approved $150 million in stock repurchases and has $150 million dollars remaining as of June 28, 2025 from this approval. These plans do not have an expiration date.
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.