Capital Stock |
6 Months Ended |
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Jun. 30, 2025 | |
Equity [Abstract] | |
Capital Stock | Capital Stock For the three and six months ended June 30, 2025 the Company repurchased less than 0.1 million shares of common stock for less than $1 million and 0.1 million shares of common stock for $13 million, respectively. For the three and six months ended June 30, 2024 the Company repurchased less than 0.1 million shares of common stock for $3 million and 0.1 million shares of common stock for $18 million, respectively. Repurchases may include share repurchase programs approved by the Board of Directors and repurchases in relation to settlement of employee tax withholding obligations due as a result of the vesting of restricted stock units. The details of repurchases by each program are as follows: On August 24, 2015, our Board of Directors authorized the repurchase of up to $500 million in shares with no expiration date. The program's objective is to deploy our capital in a manner that benefits our stockholders and maintains our focus on growth. There were no shares repurchased under the program for the three and six months ended June 30, 2025 and June 30, 2024. There are up to $182 million in shares that may still be purchased under this plan as of June 30, 2025. Aside from the aforementioned repurchase programs, we repurchased less than 0.1 million shares and 0.1 million shares for approximately less than $1 million and $13 million for the three and six months ended June 30, 2025, and less than 0.1 million shares and 0.1 million shares for $3 million and $18 million for the three and six months ended June 30, 2024, respectively, in relation to settlement of employee tax withholding obligations due as a result of the vesting of restricted stock units.
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