table of contents tceq and harris county pollution control services department ( hcpcs ) ( houston terminal ) .we have an outstanding noe from the tceq and an outstanding vn from the hcpcs alleging excess emissions from tank 003 that occurred during hurricane harvey .we are working with the pertinent authorities to resolve these matters .item 4 .mine safety disclosures part ii item 5 .market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock trades on the nyse under the trading symbol 201cvlo . 201d as of january 31 , 2019 , there were 5271 holders of record of our common stock .dividends are considered quarterly by the board of directors , may be paid only when approved by the board , and will depend on our financial condition , results of operations , cash flows , prospects , industry conditions , capital requirements , and other factors and restrictions our board deems relevant .there can be no assurance that we will pay a dividend at the rates we have paid historically , or at all , in the future .the following table discloses purchases of shares of our common stock made by us or on our behalf during the fourth quarter of 2018 .period total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .
[['period', 'total numberof sharespurchased', 'averageprice paidper share', 'total number ofshares notpurchased as part ofpublicly announcedplans or programs ( a )', 'total number ofshares purchased aspart of publiclyannounced plans orprograms', 'approximate dollarvalue of shares thatmay yet be purchasedunder the plans orprograms ( b )'], ['october 2018', '939957', '$ 87.23', '8826', '931131', '$ 2.7 billion'], ['november 2018', '3655945', '$ 87.39', '216469', '3439476', '$ 2.4 billion'], ['december 2018', '3077364', '$ 73.43', '4522', '3072842', '$ 2.2 billion'], ['total', '7673266', '$ 81.77', '229817', '7443449', '$ 2.2 billion']]
( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2018 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .( b ) on january 23 , 2018 , we announced that our board of directors authorized our purchase of up to $ 2.5 billion of our outstanding common stock ( the 2018 program ) , with no expiration date , which was in addition to the remaining amount available under a $ 2.5 billion program authorized on september 21 , 2016 ( the 2016 program ) .during the fourth quarter of 2018 , we completed our purchases under the 2016 program .as of december 31 , 2018 , we had $ 2.2 billion remaining available for purchase under the 2018 program. .

Question: what is the total price paid for the total number of shares purchased?
Answer: 627442961