Capital Stock

9 Months Ended

Sep. 30, 2023

Stockholders' Equity Note [Abstract]

Capital Stock

Note 13 — Capital Stock

Under the share repurchase program adopted by the Board of Directors in May 2018 ("the 2018 Repurchase Plan"), our Board authorized the repurchase of $500 million of the Company's stock. During the nine months ended September 30, 2023, we repurchased 423,292 shares of common stock on the open market under the 2018 Repurchase Plan at an average price of $71.17 per share and at a cost of $30.1 million, including sales commissions, leaving approximately $187.0 million available for additional repurchases under the 2018 Repurchase Plan. The acquisition of these shares was accounted for under the treasury method.