PROGRESS SOFTWARE CORP /MA
For the period ended Aug 31, 2025. Filed Sep 29, 2025.
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Aug 31, 2025 · Filed Sep 29, 2025
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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 third quarter of fiscal year 2025 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 |
|---|---|---|---|---|
| Period | ||||
| June 2025 | — | $— | — | $57,220 |
| July 2025 | 283,412 | 52.91 | 283,412 | 42,220 |
| August 2025 | — | — | — | 42,220 |
| Total | 283,412 | $52.91 | 283,412 | $42,220 |
As of August 31, 2025, there was $42.2 million remaining under the current authorization. On September 23, 2025, our Board of Directors increased the share repurchase authorization by $200.0 million to an aggregate authorization of $242.2 million. The timing and amount of any shares repurchased will be determined by management based on its evaluation of market conditions and other factors, and the Board of Directors may choose to suspend, expand, or discontinue the repurchase program at any time.
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