Dorman Products Inc
For the period ended Sep 28, 2024. Filed Nov 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.
Sep 28, 2024 · Filed Nov 1, 2024
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ITEM 5. Other Information
Director and Executive Officer Trading Arrangements
During the quarter ended September 28, 2024, no director or executive officer adopted orterminated any “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” (as each term is defined in Item 408(a) of Registration S-K).
Share Repurchase Program
In October 2024, the Company’s Board of Directors authorized the purchase of up to $500 million of our common stock under a new share repurchase program that is effective from January 1, 2025 through December 31, 2027 (the “New Program”). Under the New Program, share repurchases may be made from time to time depending on market conditions, share price, share availability and other factors at the Company’s discretion. The share repurchase program does not obligate us to acquire any specific number of shares.
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