STOCK REPURCHASE PROGRAM

3 Months Ended

Mar. 31, 2019

STOCK REPURCHASE PROGRAM

STOCK REPURCHASE PROGRAM

NOTE 13 – STOCK REPURCHASE PROGRAM

We announced the $350 million share repurchase program in effect for the quarter ended March 31, 2019 on October 20, 2016.  On April 18, 2019, we announced a new share repurchase authorization of up to $350 million of common stock. This authorization replaces previous authorizations and has no expiration date.  We may repurchase shares through the open market, privately negotiated transactions or other programs, subject to market conditions. 

During the three months ended March 31, 2019, we repurchased approximately 159 thousand shares for approximately $15.0 million.  During the three months ended March 31, 2018, we repurchased approximately 189 thousand shares for approximately $16.7 million.