Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Information on Share Repurchases
Information regarding shares of common stock the Company repurchased during thirteen weeks ended November 2, 2024 is as follows:
Period
Total number
of shares
repurchased (1)
Average
price paid
per share (2)
Total number of
shares purchased
as part of publicly
announced plans
or programs (3)
Approximate dollar
value of shares that
may yet be purchased
under the plans or
programs (3)
August 4, 2024 through August 31, 2024
54,991
$
93.59
54,991
$
49,059,786
September 1, 2024 through October 5, 2024
55,932
$
95.92
55,932
$
43,704,239
October 6, 2024 through November 2, 2024
58,436
$
93.04
58,436
$
38,395,894
Total
169,359
169,359
(1)
Consists of shares repurchased under the publicly announced share repurchase program.
(2)
Includes commissions for the shares repurchased under the share repurchase program.
(3)
On December 15, 2020, the Board of Directors authorized the repurchase of up to $100.00 million of shares of the Company’s common stock. On March 16, 2021, the Board of Directors of the Company authorized an
increase of $100.0 million in the Company’s share repurchase program resulting in $200.0 million approved for share repurchases through January 13, 2023. On November 30, 2021, the Board of Directors of the Company authorized an
additional $200.0 million to repurchase stock pursuant to the Company’s share repurchase program, expiring on December 15, 2023. On November 30, 2023, the Board of Directors of the Company authorized an extension to the existing share
repurchase program set to expire on December 15, 2023, until March 31, 2026. Shares to be repurchased are subject to the same considerations regarding timing and amount of repurchases as the initial authorization. As of November 2,
2024, the Company had $38.4 million remaining under its share repurchase program. For further discussion on the share repurchase program, see “Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of
Operations, Liquidity and Capital Resources, Share Repurchase Program.”
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