Number of shares of common stock issued and treasury stock, and associated share activity |
The number of shares of common stock issued and treasury stock, and associated share activity, are as follows:
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Common Stock |
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Treasury Stock |
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Class A |
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Class B |
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Class 1 |
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Class A |
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Class B |
Balance at February 28, 2021 |
187,204,280 |
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28,270,288 |
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612,936 |
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17,070,550 |
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5,005,800 |
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Share repurchases |
— |
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— |
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— |
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1,696,722 |
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— |
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Conversion of shares |
43,441 |
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(42,810) |
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(631) |
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— |
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— |
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Exercise of stock options |
— |
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— |
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781 |
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(116,058) |
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— |
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Vesting of restricted stock units (1)
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— |
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— |
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— |
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(66,157) |
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— |
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Vesting of performance share units (1)
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— |
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— |
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— |
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(7,934) |
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— |
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Balance at May 31, 2021 |
187,247,721 |
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28,227,478 |
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613,086 |
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18,577,123 |
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5,005,800 |
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Balance at February 29, 2020 |
186,090,745 |
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28,300,206 |
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1,692,227 |
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18,256,826 |
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5,005,800 |
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Conversion of shares |
2,532 |
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(2,532) |
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— |
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— |
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— |
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Exercise of stock options |
— |
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— |
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2,576 |
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(44,593) |
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— |
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Vesting of restricted stock units (1)
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— |
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— |
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— |
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(76,019) |
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— |
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Vesting of performance share units (1)
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— |
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— |
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— |
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(17,335) |
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— |
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Balance at May 31, 2020 |
186,093,277 |
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28,297,674 |
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1,694,803 |
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18,118,879 |
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5,005,800 |
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(1) Net of the following shares withheld to satisfy tax withholding requirements:
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For the Three Months Ended May 31, |
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2021 |
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Restricted Stock Units |
36,048 |
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Performance Share Units |
4,565 |
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2020 |
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Restricted Stock Units |
37,506 |
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Performance Share Units |
9,433 |
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Summary of share repurchase activity |
As of June 30, 2021, total shares repurchased under the 2018 Authorization and the 2021 Authorization are as follows:
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Class A Common Shares |
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Repurchase Authorization |
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Dollar Value of Shares Repurchased |
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Number of Shares Repurchased |
(in millions, except share data) |
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2018 Authorization |
$ |
3,000.0 |
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$ |
1,568.7 |
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7,121,445 |
2021 Authorization |
$ |
2,000.0 |
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$ |
— |
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— |
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