Item 2. Unregistered Sales of Equity Securities
Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds
Below is a summary by month of share purchase by the Company during the second quarter of 2022:
Month
Total Number
of Shares Purchased
Average Price
Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (1)
April 2022
410
(2)
$
102.49
—
$
140,065,014
May 2022
49,064
(3)
$
102.94
49,064
(3)
$
135,014,131
June 2022
20,670
(3)
$
96.30
20,670
(3)
$
133,023,666
Total
70,144
$
100.98
69,734
$
133,023,666
(1)
On October 20, 2021, the Company announced that its Board of Directors had authorized the Company to repurchase up to $150,000,000 of its outstanding common stock. Under this program, which does not have an expiration date, repurchases may be made from time to time through open market transactions, privately negotiated transactions or a combination of the foregoing, subject to applicable laws. The program authorization supersedes the Company’s prior share repurchase authorization.
(2)
Represents shares of Company common stock tendered by employees to settle statutory withholding taxes related to the distribution of performance stock awards.
(3)
Represents shares of Company common stock purchased on the open market.
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.