Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Information regarding repurchases of our common stock during the quarter ended April 3, 2022:
Total
Number of
Shares
Purchased Average
Price
Paid per
Share Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs (2)
Maximum
Number of
Shares that May
Yet Be
Purchased
Under the Plans
or Programs (3)
Period (1)
January 3, 2022 - January 30, 2022 1,650,000 $ 102.83 1,650,000 16,129,441
January 31, 2022 - February 27, 2022 1,432,263 94.55 1,432,263 14,697,178
February 28, 2022 - April 3, 2022 2,125,000 88.02 2,125,000 52,572,178
Total 5,207,263 $ 94.51 5,207,263
(1) Monthly information is presented by reference to our fiscal months during the second quarter of fiscal 2022.
(2) Share repurchases are conducted under our ongoing share repurchase program announced in September 2001, which has no expiration date. On March 15, 2022, our Board of Directors authorized the repurchase of up to an additional 40 million shares under our ongoing share repurchase program. On April 4, 2022, we announced a temporary suspension of our share repurchase program. Repurchases pursuant to this program were last made on April 1, 2022.
(3) This column includes the total number of shares available for repurchase under our ongoing share repurchase program. Shares under our ongoing share repurchase program may be repurchased in open market transactions, including pursuant to a trading plan adopted in accordance with Rule 10b5-1 of the Exchange Act, or through privately negotiated transactions. The timing, manner, price and amount of repurchases will be determined at our discretion and the share repurchase program may be suspended, terminated or modified at any time for any reason.
Item 3. Defaults upon Senior Securities
None.
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.