Subsequent Events

6 Months Ended

Jun. 30, 2019

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

On July 15, 2019, all outstanding 6.75% Series B Mandatory Convertible Preferred Stock (the Preferred Stock) automatically converted into shares of Belden common stock at the conversion rate of 132.50 shares of common stock per share of Preferred Stock. The conversion of the Preferred Stock resulted in the issuance of approximately 6.9 million shares of Belden common stock on the conversion date. Upon conversion, the Preferred Stock were automatically extinguished and discharged, are no longer deemed outstanding for all purposes, and delisted from trading on the New York Stock Exchange.

In July 2019, we repurchased 0.5 million shares of our common stock under the share repurchase program authorized on November 29, 2018 by our Board or Directors for an aggregate cost of $27.2 million and an average price per share of $55.17.