NETGEAR INC
For the period ended Mar 31, 2024. Filed May 3, 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 3, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
(c) Repurchase of Equity Securities by the Company
| Period | Total Number of Shares Purchased (2) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (In millions) |
|---|---|---|---|---|
| January 1, 2024 - January 28, 2024 | — | $— | — | 2.5 |
| January 29, 2024 - February 25, 2024 | 615,427 | $14.48 | 587,956 | 1.9 |
| February 26, 2024 - March 31, 2024 | 199,225 | $14.98 | 195,043 | 1.7 |
| Total | 814,652 | $14.61 | 782,999 |
(1)
From time to time, our Board of Directors has authorized programs under which we may repurchase shares of our common stock, depending on market conditions, in the open market or through privately negotiated transactions.
(2)
During the three months ended March 31, 2024, we repurchased and retired, as reported on trade date, approximately 32,000 shares of common stock at a cost of approximately $0.5 million to facilitate tax withholding for Restricted Stock Units.
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