First American Financial Corp
For the period ended Jun 30, 2025. Filed Jul 25, 2025.
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Jun 30, 2025 · Filed Jul 25, 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.
Unregistered Sales of Equity Securities
During the quarter ended June 30, 2025, the Company did not issue any unregistered common stock.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Pursuant to the share repurchase program approved by the Company’s board of directors in June 2022, which program had no expiration date, the Company was authorized to repurchase up to $400.0 million of the Company’s issued and outstanding common stock. The following table describes purchases by the Company under the share repurchase program that settled during each period set forth in the table. Prices in column (b) include commissions. Cumulatively, as of June 30, 2025, the Company had repurchased $343.3 million (including commissions) of its shares authorized under the share repurchase program and had the authority to repurchase an additional $56.7 million (including commissions) under that program.
| (a) TotalNumber ofSharesPurchased | (b)AveragePrice Paidper Share | (c) Total Number ofSharesPurchased as Partof PubliclyAnnounced Plansor Programs (1) | (d) MaximumApproximate DollarValue of Sharesthat May Yet BePurchased Underthe Plans orPrograms | |
|---|---|---|---|---|
| April 1 to April 30, 2025 | 366,129 | $59.92 | 366,129 | $95,224,727 |
| May 1 to May 31, 2025 | 274,652 | 56.11 | 274,652 | 79,815,046 |
| June 1 to June 30, 2025 | 403,277 | 57.43 | 403,277 | 56,653,947 |
| Total | 1,044,058 | $57.95 | 1,044,058 | $56,653,947 |
(1)
In July 2025, the Company’s board of directors approved a new share repurchase plan which authorizes the repurchase of up to $300 million of the Company’s common stock and terminated its prior share repurchase plan.
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