Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table sets forth the Company’s share repurchase activities for each period presented:
Period Number of Shares of Class A Common Stock Purchased Average Price Paid per Share Total Number of Shares of Class A Common Stock Purchased as Part of Publicly Announced Program Maximum Number of Shares of Class A Common Stock that May Yet Be Purchased Under the Program (1)
January 1, 2023 - March 31, 2023 2,400,000 21.36 2,400,000 6,467,105
April 1, 2023 - June 30, 2023 2,250,000 19.92 2,250,000 4,217,105
July 1, 2023 - July 31, 2023 214,600 20.79 214,600 14,002,505
August 1, 2023 - August 31, 2023
1,275,000 22.80 1,275,000 12,727,505
September 1, 2023 - September 30, 2023 1,009,400 23.02 1,009,400 11,718,105
Total 7,149,000 21.38 7,149,000 11,718,105
(1) As of June 30, 2023, the Company’s board of directors had authorized a share repurchase program of up to 30.0 million shares of Class A Common Stock. The program does not require purchases to be made within a particular time frame. On July 31, 2023, the Company’s board of directors increased the share repurchase authorization by an additional 10.0 million shares of Class A Common Stock, which increased total share repurchase authorization to 40.0 million shares.
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.