Note 5 - Capital Stock

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Equity [Text Block]

5. Capital Stock

On January 22, 2020, our Board of Directors authorized the purchase of up to $500 million of our common stock. On July 20, 2022, our Board of Directors authorized an additional purchase of up to $500 million of our common stock. At June 30, 2023, $467 million of these authorizations were remaining. We purchased approximately 498,000 shares, or $83.9 million, of our common stock under our repurchase authorization during the six months ended June 30, 2023, of which 315,000 shares, or $53.1 million, were purchased in second quarter 2023. On January 19, 2023, our Board of Directors declared a regular quarterly cash dividend of $0.42, which was paid February 24, 2023, to stockholders of record on February 10, 2023. On April 27, 2023, our Board of Directors declared a regular quarterly dividend of $0.42 per common share, which was paid on May 26, 2023, to stockholders of record on May 12, 2023. On July 19, 2023, our Board of Directors declared a regular quarterly dividend of $0.42 per common share, which will be paid on August 18, 2023, to stockholders of record on August 4, 2023.