Item 2. Unregistered Sales of Equity Securities
ITEM 2 . UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Our Board of Directors has adopted stock repurchase programs which authorize us to repurchase shares of our common stock in the public market or in private transactions, from time to time, at prevailing prices. Our current stock repurchase program was authorized in May 2023 for the repurchase of up to $250.0 million of our common stock. The following table summarizes the repurchases under our stock purchase program during the three months ended June 30, 2024:
Total Number of Shares Purchased
Average Price Paid Per Share
Total Number of Shares Purchased as Part of a Publicly Announced Program (1)
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in Thousands)
April 1, 2024 - April 30, 2024
14,312
$
69.87
14,312
$
81,172
May 1, 2024 - May 31, 2024
150,212
$
75.39
150,212
$
69,848
June 1, 2024 - June 30, 2024
12,596
$
79.38
12,596
$
68,848
Total
177,120
$
75.23
177,120
$
68,848
(1) In May 2023, our Board of Directors approved a stock purchase program, which superseded our prior repurchase program and authorized us to repurchase up to $250.0 million of our common stock. Purchases are made at management’s discretion based on market conditions and financial resources. As of June 30, 2024, we had repurchased 4,562,542 shares of our common stock for $181.2 million and had $68.8 million remaining availability under the May 2023 authorization .
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.