STOCK REPURCHASE PROGRAM

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

STOCK REPURCHASE PROGRAM

STOCK REPURCHASE PROGRAM

On April 18, 2019, we announced a share repurchase authorization of up to $350 million of common stock. This authorization replaces previous authorizations and has no expiration date. Aptar may repurchase shares through the open market, privately negotiated transactions or other programs, subject to market conditions.

In 2022 and 2021, we repurchased approximately 860 thousand and 615 thousand shares, respectively, of our outstanding common stock at a total cost of $92.1 million and $78.1 million, respectively. In 2020, we did not repurchase any shares. As of December 31, 2022, there was $108.3 million of authorized share repurchases available to us.