Share Repurchase Program (Tables)
|6 Months Ended|
Jun. 30, 2018
|Share Repurchase Program|
|Schedule of share repurchase program||
The following table sets forth our share repurchases under the 2016 and 2017 Share Repurchase Programs:
On May 5, 2017, under the 2017 Repurchase Program, we entered into the 2017 ASR Agreement. When the agreement became effective on July 5, 2017, we paid BofA $100.0 million in exchange for an initial delivery of 1.5 million shares of our common stock, representing an estimated 80 percent of the total number of shares we expected to receive under the 2017 ASR Agreement. During the six months ended June 30, 2018, we received an additional 13,657 shares of our common stock from BofA, representing the final settlement of the 2017 ASR Agreement. We purchased a total of 1,521,100 shares of our common stock under the 2017 ASR Agreement at an average price per share of $65.74.