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Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events  
Subsequent Events

15. Subsequent Events

In February 2020, the Company’s board of directors authorized an increase to the Company’s stock repurchase program to acquire up to $500.0 million of common and preferred stock. The authorization has no stated expiration date. In addition, the board of directors reauthorized the Company’s ATM Agreements, or new similar agreements, allowing the Company to issue common stock up to an aggregate offering amount of $300.0 million. The Company has not yet amended the existing ATM Agreements or entered into new similar agreements providing for such increased capacity, and will do so if and when the Company’s management determines it appropriate. The reauthorization has no stated expiration date.