Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table presents stock purchases made during the quarter ended March 31, 2026:
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 Number of Shares
That May Yet be Purchased
Under the Plans or
Programs(1)
January 1-31, 2026
-
$
-
-
1,750,000
February 1-28, 2026
250,000
44.06
250,000
1,500,000
March 1-31, 2026
-
-
-
1,500,000
Total
250,000
$
44.06
250,000
1,500,000
(1)
On October 27, 2025, the Company’s Board of Directors authorized and approved an amendment to the Company’s stock repurchase program. Pursuant to the amended stock repurchase program, the Company may repurchase
up to 2,000,000 shares of the Company’s common stock with all repurchases under the stock repurchase program to be made by December 31, 2027. The Company may repurchase shares of its common stock from time to time to mitigate the
potential dilutive effects of stock-based incentive plans and other potential uses of common stock for corporate purposes. The Company purchased 250,000 shares of its common stock during the first quarter of 2026 at an average price of
$44.06 per share under its previously announced stock repurchase program. As of March 31, 2026, there were 1,500,000 shares available for repurchase under this plan authorized on October 27, 2025, which is set to expire on December 31,
2027.
45
Table of Contents
ITEM 3.
DEFAULTS UPON SENIOR SECURITIES
None
ITEM 4.
MINE SAFETY DISCLOSURES
None
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.