Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
As of February 7, 2023, we had 9,941 holders of our Class P common stock, which does not include beneficial owners whose shares are held by a nominee, such as a broker or bank.
For information on our equity compensation plans, see Note 10 “Share-based Compensation and Employee Benefits*—Share-based Compensation*” to our consolidated financial statements.
Our Purchases of Our Class P Stock
(During the quarter ended December 31, 2022)
| Settlement Period | Total number of securities purchased(a) | Average price paid per security(b) | Total number of securities purchased as part of publicly announced plans(a) | Maximum number (or approximate dollar value) of securities that may yet be purchased under the plans or programs(a) | ||||||||||||||||||||||
| October 1 to October 31, 2022 | 2,056,189 | $ | 16.75 | 2,056,189 | $ | 1,057,284,126 | ||||||||||||||||||||
| November 1 to November 30, 2022 | — | — | — | 1,057,284,126 | ||||||||||||||||||||||
| December 1 to December 31, 2022 | — | — | — | 1,057,284,126 | ||||||||||||||||||||||
| Total | 2,056,189 | $ | 16.75 | 2,056,189 | $ | 1,057,284,126 |
(a)On July 19, 2017, our board of directors approved a $2 billion common share buy-back program. On January 18, 2023, our board of directors approved an increase in our share repurchase authorization to $3 billion from $2 billion, increasing the maximum dollar value of securities that may yet be purchased under the plan as of January 18, 2023 to $2.1 billion. After repurchase, the shares are canceled and no longer outstanding.
(b)Amount includes any commission or other costs to repurchase shares.
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