STERLING INFRASTRUCTURE INC
For the period ended Mar 31, 2024. Filed May 7, 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.
Mar 31, 2024 · Filed May 7, 2024
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Item 1A. Risk Factors
There have not been any material changes from the risk factors previously disclosed in “Part I, Item 1A. Risk Factors” of the 2023 Form 10-K. You should carefully consider such risk factors, which could materially affect the business, financial condition or future results.
The following table sets forth certain information with respect to repurchases of our common stock during the quarter ended March 31, 2024 (in thousands, except per share data):
| Period | Total number of shares (or units) purchased (1) | Average price paid per share (or unit) | Total number of shares (or units) purchased as part of publicly announced plans or programs (1) | Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs (1) |
|---|---|---|---|---|
| January 1 –January 31, 2024 | 0 | $0.00 | 0 | $200,000 |
| February 1 –February 29, 2024 | 0 | 0.00 | 0 | $200,000 |
| March 1 –March 31, 2024 | 0 | 0.00 | 0 | $200,000 |
| Total | 0 | $0.00 | 0 | |
| (1) On December 5, 2023, the Board of Directors approved a program that authorized repurchases of up to $200 million of the Company’s common stock. Under the program, the Company may repurchase its common stock in the open market or through privately negotiated transactions at such times and at such prices as determined to be in the Company’s best interest. The program expires on December 5, 2025 and may be modified, extended or terminated by the Board of Directors at any time. | ||||
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