Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Recent Sales of Unregistered Securities.
None.
Repurchase of Equity by the Company.
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program (2)
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in millions) (2)
July 1, 2023 - July 31, 2023 (1)
Share repurchase program — $ — — $ 439
Employee transactions (3)
— — N/A N/A
August 1, 2023 - August 31, 2023
Share repurchase program 471,903 34.78 471,903 423
Employee transactions (3)
— N/A N/A N/A
September 1, 2023 - September 30, 2023
Share repurchase program 1,401,824 39.25 1,401,824 368
Employee transactions (3)
12,228 38.65 N/A N/A
Totals
Share repurchase program 1,873,727 1,873,727
Employee transactions (3)
12,228 N/A
1,885,955 1,873,727
(1) Includes repurchases of shares under Class A Common Stock repurchase agreements with Athene.
(2) On February 27, 2023, our Board of Directors authorized an increase of $450 million to the existing share repurchase authorization. For more information on common stock repurchases, see Note 20 of Notes to Condensed Consolidated Financial Statements included elsewhere in this Report.
(3) Includes shares withheld pursuant to the terms of awards under the Company's 2021 Omnibus Incentive Plan to offset tax withholding obligations that occur upon vesting and release of shares, which are treated as share repurchases. The value of the shares withheld is the closing price of common stock of Jackson Financial Inc. on the date the relevant transaction occurs.
Item 4. Mine Safety Disclosures.
Not applicable.
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