Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table summarizes stock repurchase activity for the three months ended September 30, 2022 (in thousands, except per share data):
Total Number of
Shares Purchased (1)
Average Price Per
Share (2)
Total Number of Shares
Purchased as Part of
Publicly Announced
Program (1)
Approximate Dollar Value
of Shares that May Yet be
Repurchased Under the
Program (1)
July 1 - July 31, 2022
51,312
$
9.75
51,312
$
—
August 1 - August 31, 2022
—
—
—
—
September 1 - September 30, 2022
—
—
—
—
Total
51,312
$
9.75
51,312
$
—
(1)
In July 2022, our board of directors authorized a stock repurchase program of up to $500.0 million of our Class A common stock, which was completed in the third quarter of 2022. During the three months ended September 30, 2022, we repurchased 51.3 million shares of our Class A common stock under the program for an aggregate of $500.5 million, representing the entire amount approved by our board of directors and including costs associated with the repurchases.
(2)
Average price paid per share includes costs associated with the repurchases.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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