filings.toolsItem 1A. RISK FACTORS
2K characters. Original on sec.gov · Markdown
Item 1A. RISK FACTORS
During the quarter and nine months ended March 31, 2022, there have been no material changes from the risk factors found in Part I, Item 1A, "Risk Factors," of the Company's Annual Report on Form 10-K for the year ended June 30, 2021.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The Company's previous share repurchase plan, implemented in fiscal 2019, granted management the discretion to mitigate the dilutive effect of stock option exercises for fiscal 2018, which then increases in each period subsequent to June 30, 2018 for additional dilutive impacts of stock options exercised in those future periods. On February 2, 2022, the Company replaced the prior share repurchase plan with a new share repurchase plan that authorizes the Company to purchase up to $400 million in stock. The Company repurchased 89,238 shares for $41.3 million in fiscal 2022 under the previous plan. The Company repurchased 145,000 shares for $60.8 million in fiscal 2022 under the new share repurchase plan. As of March 31, 2022, the Company had $339.2 million available to repurchase under our existing plan.
| | | | | | | |
|---|---|---|---|---|---|---|
| Period | | Total Number of Shares Purchased | | Average Price Paid per Share | | Cash Paid (thousands) |
| November 1-30, 2021 | 900 | | 468.90 | 422 | ||
| December 1-31, 2021 | | 88,338 | | 462.67 | | 40,872 |
| January 1-31, 2022 | | - | | - | | - |
| February 1-28, 2022 | | 145,000 | | 419.57 | | 60,838 |
ITEM 3. DEFAULT ON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
Previous: Item 4. CONTROLS AND PROCEDURES · Next: Item 5. OTHER INFORMATION