Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
The table below shows the monthly repurchases of shares of the Company's common stock in the first quarter of 2025.
(a) (b) (c) (d)
Period Total Number of Shares Purchased [1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs [2]
Approximate Dollar Value of Shares that May Yet Be Purchased under the Plans or Programs [2]
January 1 - January 31, 2025
— $ — — $ 100,000,000
February 1 - February 28, 2025
172,897 171.06 146,640 $ 75,000,000
March 1 - March 31, 2025
56 158.43 — $ 75,000,000
Total
172,953
[1] Total number of shares purchased includes shares withheld for settlement of payroll taxes from stock-based compensation awards vested and for retirement eligible employees who retired during the first quarter of 2025.
[2] On October 23, 2024, the Board authorized the Company to repurchase up to $100.0 million of the Company's common stock, effective January 1, 2025 through December 31, 2025. From February 1, 2025 to February 28, 2025, the Company repurchased 146,640 shares of the Company’s common stock in the open market at an average price of $170.48 per share, for a total of $25.0 million. As of May 7, 2025, approximately $75.0 million remained available for share repurchase through December 31, 2025.
Item 3. Defaults Upon Senior Securities .
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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