BENCHMARK ELECTRONICS INC
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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Jun 30, 2024 · Filed Aug 1, 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) The following table provides information for the three months ended June 30, 2024 about the Company’s repurchases of its equity securities registered pursuant to Section 12 of the Exchange Act:
| (d) | ||||
|---|---|---|---|---|
| (c) · Maximum | ||||
| Total · Number (or | ||||
| Number of · Approximate | ||||
| Shares (or Units) · Dollar Value) of | ||||
| (a) · Purchased as · Shares (or Units) | ||||
| Total | (b) | Part of Publicly | that May Yet Be | |
| Number of | Average Price | Announced | Purchased Under | |
| Shares (or Units) | Paid per Share | Plans or | the Plans or | |
| (amounts in millions, except per share data) | Purchased | (or Unit) | Programs | Programs (1) |
| April 1 to 30, 2024 | — | $— | — | $154.6 |
| May 1 to 31, 2024 | — | — | — | 154.6 |
| June 1 to 30, 2024 | — | — | — | 154.6 |
| Total | — | — | — | 154.6 |
(1) On October 30, 2018, the Company announced that the Board of Directors authorized the repurchase of $100 million of shares of the Company’s common stock in addition to the $250 million previously announced on March 7, 2018. On February 24, 2020, the Company announced that the Board of Directors authorized the repurchase of an additional $150 million of shares of the Company’s common stock. Stock purchases may be made in the open market, in privately negotiated transactions or block transactions, at the discretion of the Company’s management and as market conditions warrant. Purchases are funded from available cash and may be commenced, suspended or discontinued at any time without prior notice. Shares of stock repurchased under the program are retired. The Company did not repurchase shares during the six months ended June 30, 2024 and 2023. As of June 30, 2024, the Company had $154.6 million remaining under share repurchase authorizations.
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