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 2024.
A summary of the Company’s stock repurchase activity for the third quarter of 2024 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, 2024
3,796
$
39.28
(4)
3,796
$
72,690,317
August 1 – August 31, 2024
419
45.00
(5)
419
72,671,450
September 1 – September 30, 2024
1,371
44.64
(6)
1,371
72,610,206
Total
5,586
5,586
(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 5, 2023, we announced the approval of a new stock repurchase program, effective December 6, 2023, 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 2,729 shares of Class B Common Stock at an average price paid per share of $38.61 and 1,067 shares of Class B Common Stock at an average price paid per share of $41.00.
(5)
Represents 419 shares of Class B Common Stock at an average price paid per share of $45.00.
(6)
Represents 1,371 shares of Class B Common Stock at an average price paid per share of $44.64.
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.