Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Recent Sales of Unregistered Securities
There were no unregistered sales of equity securities during the period covered by this report.
Issuer Purchases of Equity Securities
Period Total Number
of Shares
Purchased and Settled Average
Price Paid
per Share Total Number of
Shares Purchased and Settled as
Part of Publicly
Announced Plans
or Programs Approximate Dollar Value of
Shares that May Yet Be
Purchased under the Plans
or Programs
In thousands, except per share amounts
Month 1 (May 2022) 1,716 $ 15.31 1,716 $ 1,683,490
Month 2 (June 2022) 9,267 $ 14.19 9,267 $ 1,552,043
Month 3 (July 2022) 2,952 $ 13.34 2,952 $ 1,512,669
Total 13,935 $ 14.14 13,935
In connection with the share repurchase program previously authorized by our Board of Directors, during the three months ended July 31, 2022, the Company repurchased and settled a total of 13.9 million shares under its share repurchase program through open market repurchases, which included 0.1 million shares that were unsettled open market repurchases as of April 30, 2022. Additionally, as of July 31, 2022, the Company had unsettled open market repurchases of 0.3 million shares.
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Shares repurchased during the three months ended July 31, 2022, were recorded as a $199 million reduction to stockholders' equity. As of July 31, 2022, the Company had a remaining authorization of $1.5 billion for future share repurchases.
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.