STEPAN CO
For the period ended Jun 30, 2025. Filed Aug 6, 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.
Jun 30, 2025 · Filed Aug 6, 2025
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Item 1A. Risk Factors
There have been no material changes to the risk factors disclosed in the Company’s 2024 Annual Report on Form 10-K.
Below is a summary by month of share purchases by the Company during the second quarter of 2025:
| Month · Total Numberof Shares Purchased · Average PricePaid per Share · Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) · Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (1) | |||||
|---|---|---|---|---|---|
| April 2025 | 300 | (2) | $47.42 | — | $125,050,905 |
| May 2025 | 7,649 | (3) | $54.73 | — | $125,050,905 |
| June 2025 | 281 | (4) | $53.46 | — | $125,050,905 |
| Total | 8,230 | $54.42 | — | $125,050,905 | |
(1)
On October 20, 2021, the Company announced that its Board of Directors had authorized the Company to repurchase up to $150,000,000 of its outstanding common stock. Under this program, which does not have an expiration date, repurchases may be made from time to time through open market transactions, privately negotiated transactions or a combination of the foregoing, subject to applicable laws.
(2)
Includes 217 and 83 shares of the Company's common stock surrendered by employees to settle statutory withholding taxes related to the distribution of restricted stock units and the distribution of deferred performance shares, respectively.
(3)
Includes 1,798, 3,398 and 2,453 shares of the Company's common stock surrendered by employees to settle statutory withholding taxes related to the distribution of restricted stock units, the distribution of shares pursuant to the Company's deferred incentive compensation program, and the distribution of performance shares, respectively.
(4)
Includes 247 and 34 shares of the Company's common stock surrendered by employees to settle statutory withholding taxes related to the distribution of shares pursuant to the Company's deferred incentive compensation program and the distribution of restricted stock units, respectively.
None
Not applicable
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