Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.
 
The Company did not make any unregistered sales of equity securities during the second quarter of 2023.
 
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Table of Contents
 
A summary of the Company’s stock repurchase activity for the second quarter of 2023 is as follows:
 
 
Period
 
Total
Number of
Shares
Purchased
(1)(2)(3)
 
 
Average
Price Paid
Per Share
(1)
 
 
 
Total Number of
Shares Purchased
as Part of
Publicly
Announced Plans
or Programs (2)
 
 
Approximate
Dollar Value of
Shares that May
Yet be Purchased
Under the Plans
or Programs (3)
 
April 1 – April 30, 2023
 
 
196,525
 
 
$
54.62
 
(4)
 
 
196,525
 
 
$
108,179,816
 
May 1 – May 31, 2023
 
 
306,752
 
 
 
53.00
 
(5)
 
 
306,752
 
 
 
91,912,675
 
June 1 – June 30, 2023
 
 
218,704
 
 
 
60.77
 
(6)
 
 
218,704
 
 
 
78,614,929
 
Total
 
 
721,981
 
 
 
 
 
 
 
 
721,981
 
 
 
 
 
 
(1)
The calculation of the average price paid per share does not give effect to any fees, commissions or other costs associated with the repurchase of such shares.
(2)
The shares represent Class A Common Stock and Class B Common Stock repurchased by the Company.
(3)
On December 2, 2022, we announced the approval of a new stock repurchase program, effective December 2, 2022, authorizing management to repurchase, from time to time, up to an aggregate of $150.0 million of our shares of Class A common stock and/or Class B common stock.
(4)
Represents 156,905 shares of Class A Common Stock at an average price paid per share of $53.43 and 39,620 shares of Class B Common Stock at an average price paid per share of $59.35.
(5)
Represents 273,753 shares of Class A Common Stock at an average price paid per share of $52.43 and 32,999 shares of Class B Common Stock at an average price paid per share of $57.77.
(6)
Represents 162,696 shares of Class A Common Stock at an average price paid per share of $59.09 and 56,008 shares of Class B Common Stock at an average price paid per share of $65.67.
 
ITEM 3. Defaults Upon Senior Securities.
 
Not Applicable
 
ITEM 4. Mine Safety Disclosures.
 
Not Applicable
 
 
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.