PROGRESS SOFTWARE CORP MA
For the period ended May 31, 2024. Filed Jul 8, 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.
May 31, 2024 · Filed Jul 8, 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
(c) Stock Repurchases
Information related to the repurchases of our common stock by month in the second quarter of fiscal year 2024 is as follows:
| (in thousands, except per share and share data) | 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 or Programs(1) |
|---|---|---|---|---|
| Period | ||||
| March 2024 | 552,881 | $52.95 | 552,881 | $142,220 |
| April 2024 | 291,675 | 50.96 | 291,675 | 127,349 |
| May 2024 | 116,473 | 49.79 | 116,473 | 121,548 |
| Total | 961,029 | $51.96 | 961,029 | $121,548 |
(1)On January 10, 2023, our Board of Directors increased the share repurchase authorization by 150.0 million, to an aggregate authorization of $228.0 million. As of May 31, 2024, there was $121.5 million remaining under this authorization.
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