VIAVI SOLUTIONS INC. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Our common stock is traded on the Nasdaq Global Select Market under the symbol (VIAV). As of October 29, 2022, we had 1,885 holders of record of our common stock. We have not paid cash dividends on our common stock and do not anticipate paying cash dividends in the foreseeable future. The following table provides stock repurchase activity during the three months ended October 1, 2022 (in millions, except per share amounts): Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) Maximum Dollar Value of Shares that May Still Be Purchased Under the Plans or Programs (1) Period July 3 - July 30, 2022 0.5 $13.78 0.5 $ 60.2 July 31 - August 27, 2022 0.4 $15.21 0.4 $ 54.5 August 28 - October 1, 2022 0.4 $14.08 0.4 $ 300.0 Total 1.3 1.3 (1) Share repurchases for the three months ended October 1, 2022 were made under our 2019 Repurchase Plan which expired September 30, 2022. I n September 2022 the Board of Directors authorized a new stock repurchase plan (“2022 Repurchase Plan”) of up to $300 million effective October 1, 2022 which will remain in effect until the amount authorized has been fully repurchased or until suspension or termination of the program. Refer to “Note 14. Stockholders' Equity” for more details. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures None.