Common Stock Issued and Outstanding (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Activity in Number of Shares of Common Stock Issued and Outstanding

Activity in the number of shares of the Company’s Common Stock issued and outstanding for the nine-month periods ended September 30, 2023 and 2022 is shown below.

(Number of shares outstanding)	September 30, 2023	September 30, 2022
Beginning of period	155,467,319	154,463,050
Stock options exercised 1	520	169,619
Restricted stock awards 1	689,824	822,614
Treasury shares purchased 2	1,684,522	–
End of period	154,473,141	155,455,283

1 Shares issued upon exercise of stock options and award of restricted stock are less withholding for statutory income taxes owed upon issuance of shares.

2 Details of the capital allocation framework can be found as part of the Company’s Form 8-K filed on August 4, 2022.