Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Total shares purchased during the thirteen weeks ended February 27, 2022 were as follows:
Approximate Dollar
Total Number of
Value of Maximum
Total Number
Average
Shares (or Units)
Number of Shares that
of Shares (or
Price Paid
Purchased as Part of
May Yet be Purchased
Units)
Per Share
Publicly Announced
Under Plans or Programs
Period
Purchased (a)
(or Unit)
Plans or Programs (b)
(in millions) (b)
November 29, 2021 through December 26, 2021
1,126
$
58.13
—
$
343.6
December 27, 2021 through January 23, 2022
204,868
$
68.56
204,197
$
329.6
January 24, 2022 through February 27, 2022
560,033
$
64.34
559,580
$
293.6
Total
766,027
(a) Represents repurchased shares of our common stock under our publicly announced share repurchase program, which were repurchased at a weighted average price of $65.46, and shares withheld from employees to cover income and payroll taxes on equity awards that vested during the period.
(b) In December 2018, our Board of Directors authorized a $250.0 million share repurchase program with no expiration date. Repurchases may be made at our discretion from time to time on the open market, subject to applicable laws, or through privately negotiated transactions. In December 2021, our Board of Directors authorized the repurchase of an additional $250.0 million of our common stock under the program.
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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.