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, 2019 |
185,740,178 |
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28,322,419 |
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1,149,624 |
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18,927,966 |
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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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265,593 |
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— |
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Conversion of shares |
350,567 |
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(22,213) |
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(328,354) |
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— |
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— |
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Exercise of stock options |
— |
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— |
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870,957 |
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(747,527) |
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— |
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Employee stock purchases |
— |
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— |
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— |
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(69,324) |
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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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(91,311) |
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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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(29,015) |
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— |
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Cancellation of restricted shares |
— |
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— |
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— |
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444 |
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— |
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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 |
1,113,535 |
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(29,918) |
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(1,083,617) |
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— |
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— |
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Exercise of stock options |
— |
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— |
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4,326 |
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(1,020,853) |
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— |
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Employee stock purchases |
— |
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— |
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— |
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(67,801) |
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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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(80,287) |
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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 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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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 |
Share repurchases |
— |
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— |
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— |
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6,179,015 |
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— |
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Conversion of shares |
59,579 |
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(57,948) |
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(1,631) |
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— |
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— |
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Exercise of stock options |
— |
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— |
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1,637,374 |
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(287,873) |
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— |
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Employee stock purchases |
— |
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— |
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— |
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(57,738) |
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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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(71,413) |
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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 February 28, 2022 |
187,263,859 |
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28,212,340 |
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2,248,679 |
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22,824,607 |
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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 Years Ended |
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February 28, 2022 |
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February 28, 2021 |
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February 29, 2020 |
Restricted Stock Units |
36,213 |
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37,933 |
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49,900 |
Performance Share Units |
4,565 |
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9,433 |
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17,439 |
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Summary of share repurchase activity |
A summary of share repurchase activity is as follows:
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Class A Common Shares Repurchased |
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For the Years Ended |
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February 28, 2022 |
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February 28, 2021 |
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February 29, 2020 |
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Dollar Value |
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Number of Shares |
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Dollar Value |
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Number of Shares |
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Dollar Value |
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Number of Shares |
(in millions, except share data) |
2018 Authorization |
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$ |
1,390.5 |
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6,179,015 |
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$ |
— |
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— |
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$ |
50.0 |
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265,593 |
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2021 Authorization |
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— |
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— |
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— |
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— |
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— |
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— |
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$ |
1,390.5 |
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6,179,015 |
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$ |
— |
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— |
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$ |
50.0 |
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265,593 |
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As of April 21, 2022, total shares repurchased under our board authorizations 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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$ |
2,936.4 |
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12,802,171 |
2021 Authorization |
$ |
2,000.0 |
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$ |
— |
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— |
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