Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On June 3, 2019 we announced that our Board of Directors authorized the repurchase of up to $1.5 billion of our outstanding common shares through December 31, 2020. The following table sets forth information with respect to this share repurchase program for the quarter ended June 30, 2020 . All common shares were purchased in open-market transactions.
Total Number of Shares Purchased
Average Price Paid Per Share (1)
The total number of shares purchased as part of publicly announced repurchase plans or programs
Maximum Dollar Value of Shares That May Yet Be Purchased Under The Plan (1)
(dollars in thousands)
May 1, 2020 - May 31, 2020
10,763,344
$
6.04
10,763,344
$
1,211,814
June 1, 2020 - June 30, 2020
12,100,820
$
6.47
12,100,820
$
1,133,497
Total
22,864,164
22,864,164
(1) Excludes commission costs.
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.