Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Total number of
Approximate dollar
shares purchased
value of shares that
Total number
Average
as part of publicly
may yet be purchased
of shares
price paid
announced plans
under the plans
Period
purchased
per share
or programs
or programs (1)
March 29, 2026 to April 25, 2026
—
$
—
—
$
510,551,000
April 26, 2026 to May 30, 2026
118,719
505.30
118,719
450,560,000
May 31, 2026 to June 27, 2026
—
—
—
450,560,000
Total
118,719
$
505.30
118,719
$
450,560,000
(1) In February 2025, the Board of Directors increased the authorized capacity under our share repurchase program by $700.0 million, bringing the total authorization to $2.1 billion, with no stated expiration date. We are not obligated to make repurchases and may discontinue the program at any time. Any purchases will be funded through available liquidity and ongoing cash flows, and will be made subject to prevailing market and economic conditions. As of June 27, 2026, we had approximately $450.6 million of remaining capacity under the share repurchase program. Since the program’s inception in May 2014, we have repurchased approximately 9.1 million shares for a total of $1.6 billion.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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