Shareholders' Equity

6 Months Ended

Jun. 28, 2019

Stockholders' Equity Note [Abstract]

Shareholders’ Equity

Our shareholders have authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding at June 28, 2019, and 200,000,000 ordinary shares at $0.01 par value, of which 48,301,093 are issued and outstanding at June 28, 2019.

Ordinary share activity is summarized as follows:



	Six months ended
	June 28, 2019		June 29, 2018
Ordinary shares issued (retired) as a result of:
Stock option exercises	18,250		36,500
Restricted stock grants	33,721		21,304
Restricted and performance stock units	172,395		180,254
Ordinary shares repurchased and retired	(365,569	)	(218,232	)

18. Shareholders’ Equity (continued)

On February 21, 2018, our Board of Directors approved a three-year stock repurchase program of up to $300 million of our ordinary shares. We have repurchased $28.8 million of ordinary shares, or 877,869 ordinary shares, under the aforementioned repurchase program and retired all the repurchased shares. As of June 28, 2019, we have a maximum dollar value of $271.2 million that we can purchase under the approved stock repurchase program.

Subsequent to the quarter ended June 28, 2019, we repurchased 356,549 ordinary shares for $8.7 million with an average price per share of $24.35.

Dividend activity is summarized as follows:



Six months ended
	June 29, 2018
	Dividend Date	Cash Dividend Declared, per Ordinary Share
	June 1, 2018	$	0.150
	March 30, 2018	$	0.150

We paid no dividends in the six months ended June 28, 2019 and $14.6 million in dividends in the six months ended June 29, 2018.