Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
An aggregate of 6,430,045 shares of our common stock have been authorized to be repurchased under a share repurchase program since it was initially approved in 2010 by our Board of Directors. On May 15, 2025 the Board of Directors authorized an additional 750,000 shares to be repurchased under the program. As of June 30, 2025, 866,240 shares remained available for repurchase. Under the terms of the program, we may repurchase shares of our common stock from time to time at our discretion through open market repurchases, privately negotiated transactions and/or other mechanisms, depending on price, prevailing market and business conditions. The program, which has no specified term, may be suspended or terminated at any time.
The following table sets forth information regarding our share repurchases in each month during the quarter ended June 30, 2025.
Period Total number of shares purchased Average price paid per share (1) 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
April 1-30, 2025 5,433 $ 153.32 5,433 286,679
May 1-31, 2025 102,438 $ 169.37 102,438 934,241
June 1-30, 2025 68,001 $ 173.70 68,001 866,240
Total 175,872 175,872
(1) Average price paid per share is calculated on a settlement basis and excludes commissions and taxes.
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.