Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(c) Share Repurchases
Period Total Number
of Shares
Purchased Average Price
Paid per Share Total Number
of Shares
Purchased as
Part of Publicly
Announced
Program (1)
Approximate
Dollar Value of
Shares that
May Yet be
Purchased
Under the
Program (2)
April 1 - 30, 2022 36,778 $ 124.88 36,778 $ 20,412,000
May 1 - 31, 2022 45,132 107.02 45,132 15,582,000
June 1 - 30, 2022 51,742 107.73 51,742 10,008,000
Total 133,652 $ 112.21 133,652 $ 10,008,000
For more information regarding our share repurchase programs, refer to Note I to our condensed consolidated financial statements, included in Part I of this Quarterly Report on Form 10-Q.
(1) Under our share repurchase program announced by our board of directors on October 28, 2021, we can repurchase up to $50.0 million of our common stock in the open market or in privately negotiated purchases, or both, through November 28, 2023. Our share repurchase activity during the three months ended June 30, 2022 is included in this column.
(2) On July 26, 2022 (announced July 27, 2022), a new share repurchase program was authorized, effective August 26, 2022, that allows up to $50.0 million of common stock to be repurchased in the open market or in privately negotiated purchases, or both , expiring in July 2024. The current program, described in (1) above, will terminate on the effective date of the new share repurchase program.
Item 3. Defaults Upon Senior Securities
Not Applicable.
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.