Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Share repurchases are made from time to time in the open market or through privately negotiated transactions. On October 31, 2016, the Board of Directors authorized the repurchase of 1,000,000 shares of our common
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stock. On February 11, 2025, the Board of Directors authorized the repurchase of 2,000,000 shares of our common stock. Under the 2025 share repurchase program, 1,931,840 shares remain authorized.
For the Quarter Ended
September 30, 2025 Total Number of Shares
Purchased (1)
Average Price Paid
Per Share Total Number of Shares Purchased as Part of
Publicly Announced Plans or
Programs Maximum Number of Shares that May Yet Be
Purchased Under the Plans or
Programs
July 1-31, 2025 60,421 $ 81.89 60,421 2,146,950
August 1-31, 2025 89,354 $ 82.37 88,091 2,058,859
September 1-30, 2025 127,019 $ 81.26 127,019 1,931,840
Total 276,794 $ 81.76 275,531 1,931,840
(1) The total number of shares purchased includes 1,263 shares withheld to cover withholding taxes related to the exercise of stock options and the vesting of restricted stock under employee share-based compensation plans.
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.