Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) Recent Sales of Unregistered Securities
None.
(b) Use of Proceeds from Securities
None.
(c) Purchases of Equity Securities by the Issuer and Affiliated Purchasers
On October 23, 2025, the Board of Directors approved a renewal of the share repurchase program. The renewed program authorizes the Company to repurchase up to $150.0 million of the Company's common stock over a three year period. This program may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of common stock.
The following table sets forth information related to repurchases of our equity securities during the three months ended March 27, 2026:
Period Total Number of Shares Purchased Average Price Per Share Total Number of Shares Purchased as Part of Publicly Announced Programs Maximum Number
(or Approximate
Dollar Value)
of Shares that
May Yet Be
Purchased Under the
Plans or Programs
(In millions)
January 2026 — — — 150.0
February 2026 — — — 150.0
March 2026 672,608 [*] $ 59.47 — 150.0
[*] All of the 672,608 shares repurchased during the period were purchased outside of the Company’s publicly announced share repurchase program in a privately negotiated transaction with one of the initial purchasers of the Company’s convertible notes. The purchase price per share was $59.47, for an aggregate purchase price of approximately $40.0 million, plus $0.3 million excise tax. These shares are held as treasury stock.
ITEM 3. Defaults Upon Senior Securities
None.
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Table of Contents
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.