Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table sets forth information with respect to repurchases made by WES of its common units in the open market under the $1.0 billion Purchase Program during the third quarter of 2022:
Period Total number of units purchased Average price paid per unit Total number of units purchased as part of publicly announced plans or programs (1)
Approximate dollar value of units that may yet be purchased under the plans or programs (1)
July 1-31, 2022 13,800,805 $ 25.08 13,800,805 $ 574,641,000
August 1-31, 2022 195,855 26.44 195,855 569,463,000
September 1-30, 2022 671,135 24.64 671,135 552,925,000
Total 14,667,795 25.08 14,667,795
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(1) In February 2022, WES announced the $1.0 billion Purchase Program, pursuant to which we may purchase up to $1.0 billion in aggregate value of our common units through December 31, 2024. In November 2022, the Board authorized an increase in the $1.0 billion Purchase Program to $1.25 billion. See Note 5—Equity and Partners’ Capital in the Notes to Consolidated Financial Statements under Part I, Item 1 of this Form 10-Q for additional details.
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