Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table provides information with respect to the Company's share repurchase program and the activity under the available share purchase program during the three months ended September 30, 2025 ( in millions, except share and per share amounts):
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| Period | | Total Number of Shares Purchased | | Average Price Paid per Share | | Total Number of shares Purchased as Part of Publicly Announced Plans or Programs (1) | | Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs |
| July 1 -July 31 | | — | | $— | | — | | | $ | 500 | |
| August 1- August 31 | | — | | $— | | — | | | $ | 500 | |
| September 1- September 30 | | — | | $— | | — | | | $ | 500 | |
| Total | | — | | $— | | — | | | $ | 500 | |
(1) On August 21, 2025, the Company's Board of Directors approved a $500 million stock repurchase program (the “2025 August Program”). Under the 2025 August Program, the Company is authorized to repurchase up to $500 million of common stock through the expiration of the program on September 30, 2026
There was no common stock repurchase activity under the 2025 August Program during the three months ended September 30, 2025.
