PROGRESS SOFTWARE CORP /MA
For the period ended May 31, 2026. Filed Jun 30, 2026.
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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, 2026 · Filed Jun 30, 2026
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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 2026 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 | ||||
| March 2026 | — | $— | — | $182,220 |
| April 2026 | 729,071 | 28.05 | 729,071 | 161,754 |
| May 2026 | 496,183 | 28.65 | 496,183 | 147,529 |
| Total | 1,225,254 | $28.29 | 1,225,254 | $147,529 |
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. As of May 31, 2026, there was $147.5 million remaining under the current authorization.
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