BECTON DICKINSON & CO
For the period ended Dec 31, 2023. Filed Feb 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 1, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The table below sets forth certain information regarding our purchases of common stock of BD during the quarter ended December 31, 2023.
Issuer Purchases of Equity Securities
| For the three months ended December 31, 2023 | Total Number ofShares Purchased (1) | Average PricePaid perShare | Total Number ofShares Purchasedas Part ofPubliclyAnnounced Plansor Programs | Maximum Numberof Shares that MayYet Be PurchasedUnder the Plans orPrograms (2) |
|---|---|---|---|---|
| October 1 - 31, 2023 | 1,086 | $256.74 | — | 8,799,998 |
| November 1 – 30, 2023 (3) | 1,718,377 | 236.05 | 1,718,140 | 7,081,858 |
| December 1 – 31, 2023 (3) | 400,081 | 236.05 | 400,081 | 6,681,777 |
| Total | 2,119,544 | $236.06 | 2,118,221 | 6,681,777 |
(1)Includes 1,323 shares purchased during the quarter in open market transactions by the trust relating to BD’s Deferred Compensation and Retirement Benefit Restoration Plan and 1996 Directors’ Deferral Plan.
(2)Represents shares available under a repurchase program authorized by the Board of Directors on November 3, 2021, for 10 million shares, for which there is no expiration date.
(3)Shares purchased includes an initial delivery of 1,718,140 shares of our common stock received upon payment of $500 million under accelerated share repurchase (“ASR”) agreements, which were executed in November 2023, and an additional 400,081 shares in December 2023 based upon final settlement of the ASR agreements. The total average price paid per share in the table above reflects the volume weighted average price of BD's shares over the term of the ASR agreements. Additional disclosures regarding this transaction are provided in Note 3 of the Notes to Condensed Consolidated Financial Statements in this report.
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