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Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
On February 11, 2020, we announced that our Board of Directors had authorized up to an additional $50 million of repurchases under our previously announced common share repurchase program.
Subsequent to December 31, 2019, and through February 28, 2020, we repurchased approximately 8.1 million shares of our common stock for an aggregate purchase price of approximately $32.9 million. Those subsequent activities included a 7,062,396 share block we repurchased for approximately $28.6 million on February 21, 2020 from an institutional investor in a private transaction the seller initiated. Prior to that transaction, the seller had beneficially owned more than 5% of our outstanding common stock.

Subsequent to December 31, 2019 we entered into an agreement to sublease a portion of our New York office space. The sublease will expire in December 2026. Our aggregate cash to be received as the sublessor will total approximately $11 million through 2026. We will remain primary obligor under our original lease.