Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities
(a) During the third quarter of 2023, the Company issued 10,745 shares of Class A Stock pursuant to the Company's share-based compensation plans to employees of the Company for no cash consideration. Such issuances were exempt
from registration pursuant to Section 4(a)(2) of the Securities Act.
(b) Not applicable.
(c) Issuer Purchases of Equity Securities during the third quarter of 2023:
(a) (b) (c) (d)
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
July 1 - 31, 2023 (1)
437,183 $40.00 437,183 495,844 (3)
August 1 - 31, 2023 (2)
81,041 $38.33 81,041 414,803
September 1 - 30, 2023 (2)
87,863 $38.27 87,863 326,940
Q3 2023 Total 606,087 $38.30 606,087 326,940
(1) These shares were repurchased pursuant to a "Dutch Auction” tender offer commenced on May 31 and completed on July 6, 2023.
(2) These shares were repurchased pursuant to the share repurchase programs. None of the foregoing authorizations is subject to expiration.
(3) These shares were available during the July period under the share repurchase programs.
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