Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table summarizes our purchase of Common Stock during the second quarter of 2023. No stock equivalents were purchased by the Company during the second quarter of 2023.
Period
Total Number of Shares and Equivalents Purchased (in thousands) Average Price Paid
per Share Total Number of Shares and Equivalents Purchased as part of Publicly Announced Plan (in thousands) Maximum Dollar Value of Shares and Equivalents that May Yet Be Purchased Under the Plans (in millions)
April 1, 2023 to April 30, 2023 2,187.4 $ 42.60 2,187.4 $ 321.9
May 1, 2023 to May 31, 2023 1,863.8 $ 44.48 1,863.8 $ 917.1
June 30, 2023 to June 30, 2023 1,354.8 $ 46.47 1,354.8 $ 854.1
Total 5,406.0 $ 44.22 5,406.0
A share repurchase program authorizes the Company to repurchase its outstanding shares of Common Stock and equivalents. In May 2023, the Board of Directors approved an increase to the share repurchase program authorizing the Company to repurchase up to $1.0 billion of its outstanding shares of Common Stock and equivalents. As of June 30, 2023, $854.1 million of the $1.0 billion share repurchase authorization remained available for use.
ITEM 3. Defaults Upon Senior Securities
None.
ITEM 4. Mine Safety Disclosures
Not applicable.
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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.