filings.toolsItem 1A. Risk Factors.
2K characters. Original on sec.gov · Markdown
Item 1A. Risk Factors.
For an in-depth discussion of our risk factors, see “Part I—Item 1A. Risk Factors” of our Annual Report. All of these risks and uncertainties could adversely affect our business, financial condition and/or results of operations.
Item 2. Unregistered Sales of Equit****y Securities and Use of Proceeds.
Recent Sales of Unregistered Equity Securities.
None.
Repurchase of Equity by Targa Resources Corp, or Affiliated Purchasers.
| Period | Total number of shares purchased (1) | Average price per share | Total number of shares purchased as part of publicly announced plans (2) | Maximum approximate dollar value of shares that may yet be purchased under the plan (in thousands) (2) | ||||||||||||
| April 1, 2024 - April 30, 2024 | 436,815 | $ | 114.67 | 436,084 | $ | 596,378 | ||||||||||
| May 1, 2024 - May 31, 2024 | 994,355 | $ | 115.80 | 993,155 | $ | 481,371 | ||||||||||
| June 1, 2024 - June 30, 2024 | 1,556,577 | $ | 122.09 | 1,556,577 | $ | 291,329 |
(1)
Includes 2,985,816 shares purchased under our 2023 Share Repurchase Program, as well as 1,931 shares that were withheld by us to satisfy tax withholding obligations of certain of our officers, directors and key employees that arose upon the lapse of restrictions on restricted stock.
(2)
In May 2023, our Board of Directors approved the 2023 Share Repurchase Program for the repurchase of up to $1.0 billion of our outstanding common stock. In July 2024, our Board of Directors approved the 2024 Share Repurchase Program for the repurchase of up to $1.0 billion of our outstanding common stock. We are not obligated to repurchase any specific dollar amount or number of shares under either of the Share Repurchase Program and may discontinue these programs at any time.
Item 3. Defaults Upon Senior Securities.
Not applicable.
Item 4. Mine Saf****ety Disclosures.
Not applicable.
Previous: Item 4. Controls and Procedures. · Next: Item 5. Other Information.