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 third quarter of 2023.
 
A summary of the Company’s stock repurchase activity for the third 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 a
Publicly
Announced
Plans or
Programs (2)
 
 
Approximate
Dollar Value of
Shares that May
Yet be Purchased
Under the Plans
or Programs (3)
 
July 1 – July 31, 2023
 
 
267,329
 
 
$
42.00
 
(4)
 
 
267,329
 
 
$
67,381,385
 
August 1 – August 31, 2023
 
 
375,636
 
 
 
42.99
 
(5)
 
 
375,636
 
 
 
51,224,059
 
September 1 – September 30, 2023
 
 
386,507
 
 
 
41.76
 
(6)
 
 
386,507
 
 
 
35,071,032
 
Total
 
 
1,029,471
 
 
 
 
 
 
 
 
1,029,471
 
 
 
 
 
______________
(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/or 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 197,061 shares of Class B Common Stock at an average price paid per share of $40.84 and 70,268 shares of Class B Common Stock at an average price paid per share of $45.27.
(5)
Represents 277,469 shares of Class A Common Stock at an average price paid per share of $42.11 and 98,167 shares of Class B Common Stock at an average price paid per share of $45.49.
(6)
Represents 275,519 shares of Class A Common Stock at an average price paid per share of $40.52 and 110,988 shares of Class B Common Stock at an average price paid per share of $44.84.
 
ITEM 3. Defaults Upon Senior Securities.
 
Not Applicable
 
ITEM 4. Mine Safety Disclosures.
 
Not Applicable
 
28
Table of Contents
 
 
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.