WHIRLPOOL CORP DE
For the period ended Jun 30, 2024. Filed Jul 25, 2024.
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Jun 30, 2024 · Filed Jul 25, 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 |
|---|
On April 19, 2021, our Board of Directors authorized a share repurchase program of up to $2 billion, which has no expiration date. On February 14, 2022, the Board of Directors authorized an additional $2 billion in share repurchases under the Company's ongoing share repurchase program. During the six months ended June 30, 2024, we repurchased 455,952 shares under these programs at an aggregate price of approximately $50 million. At June 30, 2024, there were approximately $2.5 billion in remaining funds authorized under this program.
The following table summarizes repurchases of Whirlpool's common stock in the three months ended June 30, 2024:
| Period (Millions of dollars, except number and price per share) · Total Number of Shares Purchased · Average Price Paid per Share · 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 | |||
|---|---|---|---|
| April 1, 2024 through April 30, 2024 | — | — | $2,537 |
| May 1, 2024 through May 31, 2024 | — | — | 2,537 |
| June 1, 2024 through June 30, 2024 | — | — | 2,537 |
| Total | — | — | |
Share repurchases are made from time to time on the open market as conditions warrant. The program does not obligate us to repurchase any of our shares and has no expiration date.
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