Item 2. Unregistered Sales of Equity Securities
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In 2015, we announced the authorization of a stock repurchase program for up to $50.0 million of our common stock. The program does not commit us to a particular timing or quantity of purchases, and we may suspend or discontinue the program at any time. In 2017, we announced an increase to the authorized amount of this program to $250.0 million.
We repurchased 636,789 shares of our common stock during the three months ended March 31, 2024 pursuant to this authorization, and as of March 31, 2024, we had $80.0 million remaining under our share repurchase authorization.
During the three months ended March 31, 2024, 9,952 shares were surrendered to us to pay the tax withholding obligations of participants in connection with the vesting of equity awards.
Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Maximum dollar value of shares that may yet be purchased under the plans or programs (in millions)
January 1-31, 2024 — $ — — $ 90.0
February 1-29, 2024 646,741 15.68 636,789 80.0
March 1-31, 2024 — — — $ 80.0
Total 646,741 $ 15.68 636,789
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