Xperi Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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 Nov 7, 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.
(a) Not applicable.
(b) Not applicable.
(c) Purchases of Equity Securities by Issuer and Affiliated Purchasers.
Share repurchase activity during the three months ended September 30, 2024 was as follows (in thousands, except for per-share amounts):
| (in thousands, except share price) | Total numberof sharespurchased | Average pricepaid per share(a) | Total numberof sharespurchased aspart of publiclyannounced plansor programs | Approximatedollar value ofshares thatmay yet bepurchasedunder the plansor programs(b) |
|---|---|---|---|---|
| July 1 — July 31 | — | $— | — | |
| August 1 — August 31 | — | $— | — | |
| September 1 — September 30 | 1,121 | $8.92 | 1,121 | |
| Total | 1,121 | $8.92 | 1,121 | $90,000 |
(a) The average price paid per share includes broker commissions.
(b) On April 29, 2024, we announced that our Board authorized a stock repurchase program providing for the repurchase of up to $100.0 million of the Company's common stock at management’s discretion. The Program may be discontinued or amended at any time and has no specified expiration date. All repurchases in the three months ended September 30, 2024 were made under the Program. Refer to “Stock Repurchase Programs” in Note 10—Stockholders’ Equity and Stock-Based Compensationof the Notes to Condensed Consolidated Financial Statements (Unaudited) for additional information.
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