Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
Information on our purchase of equity securities during the quarter ended June 1, 2024 is as follows:
(d)
Maximum
Approximate Dollar
(a)
Value of Shares that
Total
(b)
may yet be
Number of
Average
Purchased Under the
Shares
Price Paid
Plan or Program
Period
Purchased
per Share
(millions)
March 3, 2024 - April 6, 2024
-
$
-
$
300
April 7, 2024 - May 4, 2024
25,000
$
75.58
$
298
May 5, 2024 - June 1, 2024
157,400
$
78.60
$
286
On April 7, 2022, the Board of Directors authorized a new share repurchase program of up to $300.0 million of our outstanding common shares for a period of up to five years. Under the program, we are authorized to repurchase shares for cash on the open market, from time to time, in privately negotiated transactions or block transactions, or through an accelerated repurchase agreement. The timing of such repurchases is dependent on price, market conditions and applicable regulatory requirements.
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