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Equity
9 Months Ended
Sep. 30, 2019
Equity  
Equity

12. Equity

During the three months ended September 30, 2019, we repurchased 1,021,622 shares of our common stock for $43.6 million, or an average of $42.66 per share, under our securities repurchase program approved by our Board of Directors.

During the nine months ended September 30, 2019, we repurchased 3,871,887 shares of our common stock for $169.2 million, or an average of $43.71 per share, under this program. In September 2019, our Board of Directors increased the authority delegated to management to repurchase our outstanding securities to $200.0 million. Prior to the increase, we had $30.8 million in remaining authorization. As of September 30, 2019, our remaining authorization was $200.0 million. During the nine months ended September 30, 2019, we also acquired 114,949 shares of our common stock for $4.9 million, or an average of $42.72 per share, from employees in connection with a net share settlement feature of employee equity awards.