Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS AND ISSUER PURCHASES OF EQUITY SECURITIES
Issuer Purchases of Equity Securities
On September 7, 2021, we announced a three-year repurchase authorization of up to $400 million of outstanding shares of our common stock over the three-year period from September 3, 2021 through September 3, 2024. As of June 30, 2023, we have repurchased a total of 5,552,053 outstanding shares at an aggregate cost of $195 million and had $205 million remaining available for future repurchases under this program . See Liquidity and Capital Resources – Liquidity in Part I, Item 2 of this Quarterly Report on Form 10-Q for more information.
Period
Total number of shares purchased
Average price
paid per share(1)
Total number of
shares purchased as
part of publicly
announced plans or
programs
Maximum dollar value
of shares that may yet
be purchased under
the plans or programs
(in millions)
Apr. 1, 2023 through Apr. 30, 2023
—
$
—
—
$
239
May 1, 2023 through May 31, 2023
439,478
31.29
439,478
225
Jun. 1, 2023 through Jun. 30, 2023
634,381
31.53
634,381
205
Total
1,073,859
$
31.43
1,073,859
$
205
________________________________
(1) The average price paid per share is calculated on a trade date basis and excludes commission.
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