Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Share repurchase activity during the three months ended October 1, 2022 was as follows. These purchases were funded with cash on hand.
Issuer Purchases of Equity Securities
Period
Total
Number of
Shares
Purchased
Average
Price Paid
per Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Program
Maximum
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Program (1)
Third Quarter 2022
July 3 to July 30
—
—
—
July 31 to August 27
—
—
—
August 28 to October 1
2,136
$49.97
2,136
Total
2,136
$49.97
2,136
$86,600,000
(1)
On July 29, 2014, the Company announced a program to repurchase up to $100 million of the Company’s common stock, subject to certain conditions, in the open market or in privately negotiated transactions. As of October 1, 2022, $13,400,000 of the $100,000,000 had been utilized. The remaining $86,600,000 represents the authorized amount available to repurchase shares under the program as of October 1, 2022.
ITEM 3.
DEFAULTS UPON SENIOR SECURITIES
Not applicable
ITEM 4.
MINE SAFETY DISCLOSURES
Not applicable
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