v3.26.1
Capital Stock
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Capital Stock

(10) CAPITAL STOCK

Treasury Stock

In February 2026, our Board of Directors approved an increase to our existing stock repurchase program to an aggregate $1.5 billion. Our total remaining share repurchase authorization was approximately $1.4 billion as of June 30, 2026. In second quarter 2026, we repurchased 2.0 million shares at an aggregate cost of $78.4 million ($79.0 million including the 1% excise tax). In first six months 2026 we repurchased 2.8 million shares at an aggregate cost of $105.5 million ($106.1 million including the 1% excise tax). The following is a schedule of the change in treasury shares based on settlement date for the three and six months ended June 30, 2026:

 

Three Months Ended
June 30, 2026

 

 

Six Months Ended June 30, 2026

 

Beginning balance

 

33,915,000

 

 

 

33,115,000

 

Shares repurchased

 

2,000,000

 

 

 

2,800,000

 

Ending balance

 

35,915,000

 

 

 

35,915,000