L3HARRIS TECHNOLOGIES INC DE
For the period ended Mar 28, 2025. Filed Apr 24, 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.
Mar 28, 2025 · Filed Apr 24, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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ITEM 2. Unregistered Sales of Equity Securities
| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. |
|---|
Issuer Purchases of Equity Securities
The following table sets forth information with respect to repurchases by us of our common stock during first quarter 2025:
| Period* · Total number ofshares purchased · Average pricepaid per share · Total number ofshares purchased as part of publiclyannounced plans or programs(1) · Maximum approximate dollar value of shares that mayyet be purchased under the plans or programs(1) ($ in millions) | ||||||
|---|---|---|---|---|---|---|
| (January 4, 2025 - January 31, 2025) | ||||||
| Repurchase program(1) | 1,265,192 | $212.75 | 1,265,192 | $3,112 | ||
| Employee transactions(2) | 2,149 | $213.47 | — | — | ||
| (February 1, 2025 - February 28, 2025) | ||||||
| Repurchase program(1) | 1,083,230 | $205.57 | 1,083,230 | $2,889 | ||
| Employee transactions(2) | 25,191 | $206.34 | — | — | ||
| (March 1, 2025 - March 28, 2025) | ||||||
| Repurchase program(1) | 367,883 | $210.81 | 367,883 | $2,811 | ||
| Employee transactions(2) | 52,036 | $207.94 | — | — | ||
| Total | 2,795,681 | 2,716,305 | $2,811 | |||
- Periods represent our fiscal months.
(1) On January 28, 2021 and October 21, 2022, we announced that our Board approved share repurchase authorizations under our repurchase program of $6.0 billion and $3.0 billion, respectively. The $6.0 billion program was exhausted during first quarter 2025. Our repurchase program does not have an expiration date and authorizes us to repurchase shares of our common stock through open market purchases, private transactions, transactions structured through investment banking institutions or any combination thereof.
(2) Represents shares of our common stock delivered to us in satisfaction of the tax withholding obligation of holders of PSUs or RSUs that vested during the quarter. Our stock incentive plans provide that the value of shares delivered to us to cover tax withholding obligations shall be the closing price of our common stock on the date the relevant transaction occurs.
Sales of Unregistered Equity Securities
During first quarter 2025, we did not issue or sell any unregistered equity securities.
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