TELEFLEX INC

Current report

(3)On August 7, 2026, as part of our share repurchase program, we entered into an accelerated share repurchase program (the "ASR Transaction") with Truist Bank (the “Counterparty”) to repurchase an aggregate of $250 million (the "Repurchase Price") of our common stock. Under the terms of the ASR Transaction, on August 10, 2026, we paid the Repurchase Price to the Counterparty in exchange for 1.4 million shares of our common stock, representing shares with a value of 80% of the total Repurchase Price. The initial shares received, which have been included in treasury stock as of September 30, 2026, were calculated based on a price per share of $138.89, which was the closing share price of our common stock on August 6, 2026. Final settlement under the ASR Transaction occurred on October 7, 2026, at which time we received 0.5 million additional shares of common stock. The total shares received were calculated based on a price per share of $129.43, which was based on volume-weighted average prices of our common stock during the accelerated share repurchase period less a discount. As of September 30, 2026, we had $441.4 million remaining available under the authorization. See "Management's Discussion and Analysis of Financial Condition - Liquidity and Capital Resources."