Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Following are our monthly share repurchases for the second quarter of fiscal year 2024 (in millions except per share amounts):
Period
Total
Number of
Shares
Purchased
Average
Price Paid
per Share (2)
Total Number of
Shares Purchased
as Part of Publicly Announced Plans
or Programs (1)
Maximum Dollar
Amount of Shares
That May Yet Be
Purchased Under
the Plans
or Programs (1)(2)
April 1, 2024 – April 30, 2024
247,468
$
68.70
247,468
$
250.0
May 1, 2024 – May 31, 2024
—
—
—
250.0
June 1, 2024 – June 30, 2024
—
—
—
250.0
Total
247,468
$
68.70
247,468
$
250.0
(1) On November 1, 2023, the Company announced the approval by the Board of Directors of a share repurchase program which authorizes the repurchase of up to $300 million of the Company’s common stock. The program will expire on December 31, 2024.
(2) All dollar amounts presented exclude the nondeductible 1% excise tax on the net value of certain stock repurchases that was imposed by the Inflation Reduction Act of 2022.
ITEM 3. Defaults upon Senior Securities.
None
23
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.