Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
We may repurchase shares of our common stock from time to time pursuant to our common stock repurchase authorization. The following table sets forth information concerning our common stock repurchases during the three months ended June 30, 2023. All share repurchases during the quarter were made in accordance with the safe harbor provisions of Rule 10b-18 under the Exchange Act.
Total Number of Shares Purchased (1)
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that may yet be Purchased Under the Plans or Programs (1)
(In millions)
April 1, 2023 - April 30, 2023 381,849 $ 108.50 381,849 $ 958.6
May 1, 2023 - May 31, 2023 2,219,772 108.99 2,219,772 716.6
June 1, 2023 - June 30, 2023 519,747 114.60 519,747 657.1
Total 3,121,368 $ 109.87 3,121,368 $ 657.1
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(1) Effective April 18, 2023, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock, replacing the previous authorization that was effective as of April 19, 2022. The authorization has no expiration date. During the three months ended June 30, 2023, we repurchased 3.1 million shares of our common stock at a total cost, including commissions and excise taxes, of $342.9 million. At June 30, 2023, there was $657.1 million remaining on the repurchase authorization.
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