Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

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Repurchase of Common Stock
6 Months Ended
Mar. 30, 2019
Equity [Abstract]  
Repurchase of Common Stock
Repurchase of Common Stock
As of September 29, 2018, our Board of Directors authorized management to use up to $60.0 million to repurchase stock in open market transactions under our Stock Repurchase Program.
During the March quarter of fiscal year 2019, we purchased 35,353 shares of our common stock for a total cost of $0.7 million. Through March 30, 2019, we have purchased 3,484,962 shares of our common stock for an aggregate of $50.1 million since the inception of our Stock Repurchase Program. All purchases were made at the discretion of management and pursuant to the safe harbor provisions of SEC Rule 10b-18. As of March 30, 2019, $9.9 million remained available for future purchases under our Stock Repurchase Program, which does not have an expiration date.
The following table summarizes the purchases of our common stock for the quarter ended March 30, 2019:
Period
 
Total Number of Shares Purchased
 
Average Price Paid per Share
 
Total Number of Shares Purchased as Part of Publicly Announced Plans
 
Dollar Value of Shares that May Yet Be Purchased Under the Plans
December 30, 2018 to February 2, 2019
 
32,353

 
$19.93
 
32,353

 

$10.0
 million
February 3, 2019 to March 2, 2019
 
3,000

 
23.98
 
3,000

 
9.9
 million
March 3, 2019 to March 30, 2019
 

 
0.00
 

 
9.9
 million
Total
 
35,353

 
$20.27
 
35,353

 

$9.9
 million