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, 2025 (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 (2)
Approximate Dollar Amount Available for Future Purchases under Share Repurchase Program (2)
July 1, 2025 - July 31, 2025 44,862 $ 147.08 44,862 $ 892,611
August 1, 2025 - August 31, 2025 37,592 167.55 37,592 886,313
September 1, 2025 - September 30, 2025 37,291 $ 168.91 37,291 $ 880,015
Total 119,745 119,745
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(1) Includes related commissions.
(2) In August 2023, our Board of Directors authorized the Share Repurchase Program which allows for the repurchase of up to $1.0 billion of our outstanding shares of Class A common stock. The Share Repurchase Program does not have an expiration date and does not obligate us to repurchase any specific number of shares and may be discontinued at any time. For additional information see Note 8. Stockholders’ Equity in our condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
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ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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