GENTHERM Inc
For the period ended Sep 30, 2024. Filed Oct 30, 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.
Sep 30, 2024 · Filed Oct 30, 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
Issuer Purchases of Equity Securities During Third Quarter 2024
| Period | Total Numberof SharesPurchased | Average PricePaid Per Share | Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (a) |
|---|---|---|---|---|
| July 1, 2024 to July 31, 2024 | — | $— | — | $150,000,000 |
| August 1, 2024 to August 31, 2024 | 198,862 | $50.29 | 198,862 | $140,000,038 |
| September 1, 2024 to September 30, 2024 | 207,159 | $47.71 | 207,159 | $130,117,303 |
(a)
In June 2024, the Board of Directors authorized a new stock repurchase program (the “2024 Stock Repurchase Program”) to commence upon expiration of the 2020 Stock Repurchase Program on June 30, 2024. Under the 2024 Stock Repurchase Program, the Company is authorized to repurchase up to $150 million of its issued and outstanding Common Stock. For further information, see Note 12, "Equity," to the notes to the consolidated condensed financial statements included in this Report.
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