BECTON DICKINSON & CO
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
View on SEC.govAbout this filing
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, 2024 · Filed Feb 6, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
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, 2024.
Issuer Purchases of Equity Securities
| For the three months ended December 31, 2024 | 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, 2024 | 1,110 | $240.01 | — | 6,681,777 |
| November 1 – 30, 2024 | 257 | 236.47 | — | 6,681,777 |
| December 1 – 31, 2024 (3) | 2,636,667 | 230.36 | 2,636,667 | 4,045,110 |
| Total | 2,638,034 | $230.37 | 2,636,667 | 4,045,110 |
(1)Includes 1,367 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 2,636,667 shares of our common stock received upon payment of $750 million under an accelerated share repurchase (“ASR”) agreement, which was executed in December 2024. An additional 619,071 shares were delivered in January 2025 based upon final settlement of the ASR agreement. 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 agreement. Additional disclosures regarding this transaction are provided in Note 3 of the Notes to Condensed Consolidated Financial Statements in this report.
On January 28, 2025, the Board of Directors authorized BD to repurchase up to an additional 10 million shares of BD common stock, for which there is no expiration date.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.