Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table summarizes stock repurchases during the three months ended September 30, 2024 (in thousands, except share and per share amounts):
Period Total Number of Shares Purchased Average Price Paid per Share (1)
Total Number of Shares Purchased under Share Repurchase Program Approximate Dollar Amount Available for Future Purchases under Share Repurchase Program
July 1, 2024 - July 31, 2024 239,655 $ 27.54 239,655 $ 966,702
August 1, 2024 - August 31, 2024 213,344 29.53 213,344 960,402
September 1, 2024 - September 30, 2024 172,459 $ 34.79 172,459 $ 954,402
Total 625,458 625,458
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(1) Includes related commissions.
(2) In August 2023, the Company’s Board of Directors authorized a stock repurchase program of up to $1.0 billion of the Company’s outstanding shares of Class A common stock. Our stock repurchase authorization does not have an expiration date and the pace of our repurchase activity will depend on factors such as business and market conditions, corporate and regulatory requirements, and other considerations. Our stock repurchase may be effected from time to time through open market purchases or pursuant to a Rule 10b5-1 trading plan. Our stock repurchase program may be accelerated, suspended, delayed, or discontinued at any time.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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