EXTREME NETWORKS INC
For the period ended Mar 31, 2025. Filed May 1, 2025.
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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, 2025 · Filed May 1, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
There were no sales of unregistered equity securities during the three months ended March 31, 2025.
The following table provides stock repurchase activity during the three months ended March 31, 2025 (in thousands, except per share amounts):
| Approximate Dollar Value | ||||||||
|---|---|---|---|---|---|---|---|---|
| Total · Average · Total Number of Shares · of Shares | ||||||||
| Number of · Price Paid · Purchased as Part of · That May Yet Be Purchased | ||||||||
| Shares · per Share · Publicly Announced · Under the Plans or Programs | ||||||||
| Purchased | (2) | Plans or Programs | (1) | |||||
| Beginning amount available to repurchase | $50,285 | |||||||
| January 1, 2025 - January 31, 2025 | — | $— | — | 50,285 | ||||
| February 1, 2025 - February 28, 2025 | 490 | 15.72 | 490 | 42,577 | ||||
| March 1, 2025 - March 31, 2025 | 363 | 15 | 363 | 37,285 | ||||
| Total | 853 | $15.24 | 853 | |||||
| Remaining amount available to repurchase | $37,285 | |||||||
(1)
On May 18, 2022, we announced that our Board had authorized management to repurchase up to $200.0 million of its common stock over a three-year period commencing on July 1, 2022. Refer to Note 9, Stockholders’ Equity, in Notes to the Condensed Consolidated Financial Statements included elsewhere in this Report for further information regarding the 2022 Share Repurchase Program.
(2)
The aggregate price and the average price per share does not include the effect of the excise tax under the provision of the Inflation Reduction Act.
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