Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In 2019, our board of directors authorized a common stock repurchase program. In 2022, our board of directors increased the authorization under the program. Shares repurchased as of March 31, 2025 were held as treasury stock and we have approximately $948.6 million of remaining authorization under the program. These repurchases are based on trade date, although certain purchases may not have settled until the following month.
Purchases of our common stock during first quarter 2025 are as follows:
Period
Total Number
of Shares
Purchased
Average Price
Paid Per Share (a)
Total Number
of Shares Purchased as Part of Publicly
Announced Plans
or Programs
Approximate
Dollar Amount
of Shares that
May Yet Be
Purchased Under
Plans or Programs
January 2025
105,000
$
36.94
105,000
$
1,012,220,259
February 2025
1,120,000
$
36.68
1,120,000
$
971,135,287
March 2025
601,562
$
37.50
601,562
$
948,577,943
1,826,562
1,826,562
(a) Includes any customary fees and commissions associated with the share repurchases, but excludes 1% excise tax.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.