POWER INTEGRATIONS INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS As of December 31, 2021, we had $67.3 million available for future repurchases to be executed according to predefined price/volume guidelines. In January, February and April 2022, our board of directors authorized the use of an additional $100 million, $50 million and $75 million, respectively, for the repurchase of our common stock with repurchases to be executed according to pre-defined price/volume guidelines. In the six months ended June 30, 2022, we repurchased 3.5 million of our shares for $292.3 million, leaving no funds authorized as of June 30, 2022. Issuer Purchases of Equity Securities The following table summarizes repurchases of our common stock during the second quarter of fiscal 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ Approximate Dollar Value that May Yet be ​ ​ ​ ​ ​ ​ Shares Purchased ​ Repurchased ​ ​ Total ​ Average ​ as Part of ​ Under the ​ ​ Number of ​ Price Paid ​ Publicly Announced ​ Plans or Program Period Shares Purchased Per Share Plans or Programs (In millions) April 1, 2022 to April 30, 2022 ​ 957,650 ​ $ 82.28 ​ 957,650 ​ $ 78.9 May 1, 2022 to May 31, 2022 ​ 961,156 ​ $ 82.06 ​ 961,156 ​ ​ — June 1, 2022 to June 30, 2022 ​ — ​ ​ — ​ — ​ ​ — Total ​ 1,918,806 ​ ​ ​ ​ 1,918,806 ​ ​ ​ ​ All of the shares repurchased were pursuant to our publicly announced repurchase program. ​