Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Repurchases under our stock repurchase program are made from time to time at management's discretion in accordance with applicable federal securities laws. All repurchases of HII common stock have been recorded as treasury stock. The following table summarizes information relating to purchases made by or on behalf of the Company of shares of the Company's common stock during the quarter ended June 30, 2024.
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (in millions) 1,2
April 1, 2024 to April 30, 2024 80,003 $ 279.55 80,003 $ 1,430.0
May 1, 2024 to May 31, 2024 69,769 249.81 69,769 1,412.6
June 1, 2024 to June 30, 2024 100,337 248.12 100,337 1,387.7
Total 250,109 $ 258.65 250,109 $ 1,387.7
1 From the stock repurchase program's inception through June 30, 2024, we have purchased 14,450,306 shares at
an average price of $166.94 per share for a total of $2.4 billion.
2 In November 2012, we announced the establishment of our stock repurchase program. In January 2024, our board
of directors authorized an increase in the stock repurchase program to $3.8 billion and an extension of the term to December 31, 2028.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
None.
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