HEXCEL CORP /DE/
For the period ended Jun 30, 2025. Filed Jul 24, 2025.
View on SEC.govAbout this filing
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.
Jun 30, 2025 · Filed Jul 24, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
On February 19, 2024, the Board approved a $300 million share repurchase plan (the “2024 Share Repurchase Plan”) which was in addition to the amount that remained available for repurchases under the company's previous repurchase plan at such time.
During the three months ended June 30, 2025, we repurchased 939,012 shares of common stock in open market transactions under the share repurchase plans at an average price of $53.24 per share and at a cost of $50.5 million, including commissions and excise tax, leaving approximately $134.0 million available for additional repurchases under the 2024 Share Repurchase Plan. The acquisition of these shares was accounted for under the treasury method.
The following is a summary of share repurchase activity during the fiscal quarter ended June 30, 2025:
| Period | (a)Total Number of Shares Purchased | (b)Average Price Paid per Share | (c)Total Number ofShares Purchased as Part ofPublicly AnnouncedPlans or Programs | (d)Approximate Dollar Value (Millions) ofShares that May YetBe Purchased Under the Plans or Programs |
|---|---|---|---|---|
| May 1 — May 31, 2025 | 939,012 | $53.24 | 939,012 | $134.0 |
| Total | 939,012 | $53.24 | 939,012 | $134.0 |
ITEMS 3,4 and 5 arenot applicable, and therefore have been omitted.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.