filings.toolsItem 1A. RISK FACTORS
2K characters. Original on sec.gov · Markdown
Item 1A. RISK FACTORS
There have been no material changes to the risk factors identified in our Annual Report on Form 10-K for the fiscal year ended August 31, 2022.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Items 2(a) and (b) are not applicable as there have been no unregistered sales of equity securities.
(i)Issuer Purchases of Equity Securities
The following table provides a month-to-month summary of our share repurchase activity during the three months ended May 31, 2023:
| Period | Total Number of Shares Purchased*(1)* | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs*(2)* | Maximum Number of Shares (or Approximate Dollar Value) that May Yet be Purchased Under the Plans or Programs (in US$)(2) | ||||||||||
| March 2023 | — | $ | — | — | $ | 181,254 | ||||||||
| April 2023 | 70,750 | $ | 413.09 | 70,750 | $ | 152,029 | ||||||||
| May 2023 | 96,439 | $ | 397.76 | 95,200 | $ | 114,163 | ||||||||
| Total | 167,189 | 165,950 |
*(1)*Includes 165,950 shares purchased under the existing stock repurchase program, as well as 1,239 shares repurchased to satisfy withholding tax obligations due upon the vesting of stock-based awards.
**(2)**As of May 31, 2023, a total of $114.2 million remained authorized for future share repurchases under our existing share repurchase program through August 31, 2023. Repurchases may be made from time to time in the open market or via privately negotiated transactions, subject to market conditions. There is no defined number of shares to be repurchased over a specified timeframe through the life of our share repurchase program. It is expected that share repurchases will be paid using existing and future cash generated by operations. Refer to Part I, Item 2. Liquidity and Capital Resources in the MD&A of this Quarterly Report on Form 10-Q for further discussion on our share repurchase program.
Table of Contents
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
Previous: Item 4. CONTROLS AND PROCEDURES · Next: Item 5. OTHER INFORMATION