filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
There have been no material changes to the risk factors as previously disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
We had two share repurchase authorizations outstanding during the quarter ended March 31, 2024. On November 9, 2023 and February 14, 2024, we publicly announced that our Board of Directors had approved new repurchase authorizations in the amount of up to $750 million per authorization. Each share repurchase authorization authorized the repurchase of our outstanding common stock in one or more open market and/or privately negotiated transactions, with no expiration date. Repurchase activity is typically executed in accordance with the safe-harbor provisions of Rule 10b-18 and Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. The following table provides information regarding common stock repurchases during the quarter ended March 31, 2024:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs | ||||||||||||||||||||||
| January 1 - 31, 2024 | 32,995 | $ | 7,082.88 | 32,995 | $ | 442,170 | ||||||||||||||||||||
| February 1 - 29, 2024 | — | $ | — | — | $ | 1,192,170 | ||||||||||||||||||||
| March 1 - 31, 2024 | 33,863 | $ | 7,773.59 | 33,863 | $ | 928,933 | ||||||||||||||||||||
| Total | 66,858 | $ | 7,432.72 | 66,858 |
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