Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table sets forth repurchases of our common stock during the second quarter of 2020:
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 plans or programs
(in thousands) (2)
May 3, 2020 to May 30, 2020
–
$
–
–
$
1,576,360
May 31, 2020 to June 27, 2020
125
252.08
–
1,576,360
June 28, 2020 to August 1, 2020
156
203.59
–
1,576,360
13 weeks ended August 1, 2020
281
225.16
–
1,576,360
30
Table of Contents
(1) There were no shares repurchased as part of our publicly announced share repurchase program during the 13 weeks ended August 1, 2020 and there were 281 shares transferred from employees in satisfaction of minimum statutory tax withholding obligations upon the vesting of restricted stock during the period.
(2) On March 12, 2020, we announced the 2020 Share Repurchase Program pursuant to which the Company may repurchase up to $1.6 billion of the Company’s common stock. The 2020 Share Repurchase Program authorization revoked the previously authorized but unused amount of $165.3 million from the 2019 Share Repurchase Program. As of August 1, 2020, $1.58 billion remained available under the $1.6 billion 2020 Share Repurchase Program.
Item 3. Defaults Upon Senior Securities
None
Item 4. Mine Safety Disclosures
None
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.