Share Repurchase Program |
6 Months Ended |
---|---|
Jun. 30, 2025 | |
Equity [Abstract] | |
Treasury Stock | Share Repurchase Program On December 6, 2022, the board of directors approved a share repurchase program that authorizes the company to repurchase up to $500.0 million in shares of the company's outstanding common stock, effective January 1, 2023 (the Share Repurchase Program). This authorization replaced the then-existing share repurchase program and expires on December 31, 2025. Under this authorization, we may repurchase shares from time to time at prevailing market prices on the open market or in private transactions in amounts that we deem appropriate. For the three months ended June 30, 2025, we repurchased a total of 398,442 shares for $112.0 million. For the six months ended June 30, 2025, we repurchased a total of 766,641 shares for $221.6 million. As of June 30, 2025, we have repurchased a total of 808,425 shares for $234.6 million under the Share Repurchase Program, leaving $265.4 million available for future repurchases.
|