Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
The following table provides information relating to our repurchase of common stock during the three months ended
May 31, 2020 :
44
Table of Contents
Period
Total Number
of Shares
Purchased (1)
Average Price
Paid per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Program (2)
Approximate
Dollar Value of
Shares that May
Yet Be Purchased
Under the Program (in thousands)
March 1, 2020 - March 31, 2020
843,916
$
24.02
843,916
$
411,070
April 1, 2020 - April 30, 2020
1,889
$
25.85
—
$
411,070
May 1, 2020 - May 31, 2020
919
$
28.44
—
$
411,070
Total
846,724
$
24.03
843,916
(1)
The purchases include amounts that are attributable to shares surrendered to us by employees to satisfy, in connection with the vesting of restricted stock unit awards and the exercise of stock appreciation rights, their tax withholding obligations.
(2)
In September 2019, our Board of Directors authorized the repurchase of up to $600.0 million of our common stock as publicly announced in a press release on September 24, 2019 (the “2020 Share Repurchase Program”).
Item 3.
Defaults Upon Senior Securities
None.
Item 4.
Mine Safety Disclosures
Not applicable.
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.