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Stock Repurchase Program
−Removed: The following table summarizes the repurchase of shares of our common stock during the three months ended December 31, 2021.
−Removed: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
−Removed: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: (in thousands)
−Removed: October 1-31, 2021 — $ — — $ 162,726
−Removed: November 1-30, 2021 177,143 $ 143.89 177,143 $ 133,828
−Removed: December 1-31, 2021 201,382 $ 153.07 201,382 $ 106,630
−Removed: 378,525 $ 148.20 378,525
−Removed: (1) In November 2018, the Board authorized a stock repurchase program, pursuant to which we may purchase up to $50.0 million of shares of our common stock through open market transactions, privately negotiated transactions or otherwise in accordance with applicable laws.
−Removed: On October 30, 2020, the Board approved an increase in our stock repurchase program by an additional $300.0 million of shares of our common stock.
+Added: In November 2018, we announced that the Board authorized a stock repurchase program, pursuant to which we may purchase up to $50.0 million of shares of our common stock.
+Added: In October 2020 and February 2022, the Board approved an increase in our stock repurchase program by an additional $300.0 million and $200.0 million, respectively.
+Added: Pursuant to our stock repurchase program, we may purchase shares of our common stock through open market transactions, privately negotiated transactions or otherwise in accordance with applicable laws.
The timing, amount and other terms and conditions of any repurchases of shares of our common stock under our stock repurchase program will be determined by our management at its discretion based on a variety of factors, including the market price of our common stock, corporate considerations, general market and economic conditions and legal requirements.
Our stock repurchase program may be modified, discontinued or suspended at any time.
+Added: During the three months ended December 31, 2022, we did not repurchase any shares of our common stock.
+Added: A total of 2,939,472 shares of our common stock has been repurchased since our stock repurchase program commenced.
+Added: As of December 31, 2022, we may purchase up to $211.5 million of shares of common stock under our stock repurchase program.
We have not previously declared or paid any cash dividends on our common stock.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.