KOHLS Corp
For the period ended Nov 2, 2024. Filed Dec 5, 2024.
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Nov 2, 2024 · Filed Dec 5, 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
In February 2022, our Board of Directors increased the remaining share repurchase authorization under our existing share repurchase program to $3.0 billion. Purchases under the repurchase program may be made in the open market, through block trades, and other negotiated transactions. We expect to execute the share repurchase program primarily in open market transactions, subject to market conditions. There is no fixed termination date for the repurchase program, and the program may be suspended, discontinued, or accelerated at any time.
The following table contains information for shares of common stock repurchased and shares acquired from employees in lieu of amounts required to satisfy minimum tax withholding requirements upon the vesting of the employees’ stock-based compensation during the three fiscal months ended November 2, 2024:
| (Dollars in Millions, Except per Share Data) | Total Numberof SharesPurchased | AveragePricePaid PerShare | Total Numberof SharesPurchased asPart ofPubliclyAnnouncedPlans orPrograms | ApproximateDollar Valueof Sharesthat May YetBe Purchased Under the Plans or Programs |
|---|---|---|---|---|
| August 4 - August 31, 2024 | 9,504 | $19.22 | — | $2,476 |
| September 1 - October 5, 2024 | 11,229 | $19.72 | — | $2,476 |
| October 6 - November 2, 2024 | 24,702 | $19.51 | — | $2,476 |
| Total | 45,435 | $19.50 | — |
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