Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, AND USE OF PROCEEDS
Purchases of Common Stock. The following table includes all of the Company’s repurchases of common stock for the periods shown. Repurchased shares are retired and returned to authorized but unissued common stock.
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1)
April 1, 2024 - April 30, 2024 — $ — — $ 72,487,423
May 1, 2024 - May 31, 2024 — $ — — $ 75,000,000
June 1, 2024 - June 30, 2024 117,422 $ 138.47 117,422 $ 58,740,828
Total 117,422 $ 138.47 117,422
(1) On November 1, 2023, the Company announced that its Board of Directors had authorized a $75.0 million share repurchase program, which became effective on November 9, 2023 and expired on May 8, 2024 (the “Prior Repurchase Program”). As of the expiration date, the Company had $72.5 million of remaining availability to repurchase shares of the Company’s common stock under the Prior Repurchase Program. On May 6, 2024, the Company announced that its Board of Directors had authorized a new $75.0 million share repurchase program (the "Repurchase Program"), which replaced the Prior Repurchase Program and became effective on May 9, 2024. The Repurchase Program will expire on November 8, 2024, or when the authorized funds are exhausted, whichever is earlier. As of June 30, 2024, the Company had $58.7 million of remaining availability to repurchase shares of the Company’s common stock under the Repurchase Program.
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