TREASURY STOCK ACTIVITY

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Treasury Stock Activity

TREASURY STOCK ACTIVITY

A summary of our treasury stock activity is as follows:

	Six Months Ended June 30, 2019
	Shares		Dollars
			In thousands
Shares repurchased in the open market under pre-approved share repurchase programs	1,386,193		$	150,000
Shares repurchased to replace Treasury Stock issued for stock options and incentive compensation	883,305		104,429
Total share repurchases	2,269,498		254,429
Shares issued for stock options and incentive compensation	(2,200,072	)	(91,545		)
Net change	69,426		$	162,884

The $100,000 share repurchase program approved by our Board of Directors in October 2017 was completed in the first quarter of 2019. In July 2018, our Board of Directors approved an additional $500,000 share repurchase authorization, to commence after the existing 2017 authorization was completed. As of June 30, 2019, $410,000 remained available for repurchases of our Common Stock under this program. We are authorized to purchase our

outstanding shares in open market and privately negotiated transactions. The program has no expiration date and acquired shares of Common Stock will be held as treasury shares. Purchases under approved share repurchase authorizations are in addition to our practice of buying back shares sufficient to offset those issued under incentive compensation plans.