Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities
The following table summarizes our purchase of Common Stock during the third quarter of 2021:
Period
Total Number of Shares and Equivalents Purchased (in millions) Average Price Paid
per Share Total Number of Shares and Equivalents Purchased as part of Publicly Announced Plan (in millions) Maximum Dollar Value of Shares and Equivalents that May Yet Be Purchased Under the Plans (in millions)
July 1, 2021 to July 31, 2021 1.0 $ 27.54 1.0 $ 220.2
August 1, 2021 to August 31, 2021 0.1 $ 25.43 0.1 $ 218.3
September 1, 2021 to September 30, 2021 2.7 $ 28.59 2.7 $ 142.2
Total 3.8 $ 28.24 3.8
On August 7, 2020, the Company's Board of Directors approved a stock repurchase program that authorizes the Company to repurchase up to $250.0 million of its outstanding shares of Common Stock and equivalents. On April 29, 2021, the Company's Board of Directors approved an increase to the authorized amount under the stock repurchase program that authorizes the Company to repurchase up to $500.0 million of its outstanding shares of Common Stock and equivalents. The stock repurchase program does not obligate the Company to purchase any particular number of shares, and the timing and exact amount of any repurchases will depend on various factors, including market pricing and conditions, business, legal, accounting, and other considerations. As of September 30, 2021, $142.2 million remained of the $500.0 million share repurchase authorization. In October of 2021, the Company's Board of Directors replaced the existing share repurchase program with a new share repurchase program that authorizes the Company to repurchase up to $1.0 billion of its outstanding shares of Common Stock and equivalents.
ITEM 3. Defaults Upon Senior Securities
None.
ITEM 4. Mine Safety Disclosures
Not applicable.
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.