v3.25.2
Stockholders' Equity
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
On July 31, 2023, our Board of Directors authorized the $200 million 2023 Repurchase Program (excluding associated costs and applicable taxes) effective through December 31, 2025. On February 5, 2025, our Board of Directors authorized the new $250 million 2025 Repurchase Program (excluding associated costs and applicable taxes) effective through December 31, 2027 and extended the 2023 Repurchase Program through December 31, 2027 to align its remaining tenor with that of the 2025 Repurchase Program. The authorization provides us the flexibility, based on market and business conditions, stock price and other factors, to repurchase stock from time to time through open market purchases, privately negotiated transactions, or other means, including pursuant to Rule 10b5-1 trading plans.
During the six months ended June 30, 2025, we repurchased 1.3 million shares at an average price of $36.49 per share (excluding associated costs and applicable taxes). As of June 30, 2025, we had $281.0 million of repurchase authority remaining.