COSTAR GROUP INC
For the period ended Mar 31, 2025. Filed May 1, 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.
Mar 31, 2025 · Filed May 1, 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
The following table is a summary of our repurchases of common stock during each of the three months ended March 31, 2025:
ISSUER PURCHASES OF EQUITY SECURITIES
| 2025 | Total Number ofSharesPurchased(1) | AveragePrice Paidper Share | Total Number ofSharesPurchased asPart of PubliclyAnnouncedPlans orPrograms(2) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program(2) |
|---|---|---|---|---|
| January 1 through 31 | 735 | $69.89 | — | — |
| February 1 through 28 | 90,556 | $74.32 | 80,000 | $493,832,128 |
| March 1 through 31 | 246,661 | $77.27 | 160,000 | $481,485,376 |
| Total | 337,952 | $76.46 | 240,000 | |
| __________________________ | ||||
(1) The number includes CoStar Group shares tendered by employees to the Company to satisfy the employees' minimum tax withholding obligations arising as a result of vesting of restricted stock grants under the Company’s 2016 Stock Incentive Plan, as amended, which shares were purchased by the Company based on their fair market value on the trading day immediately preceding the vesting date. None of these share purchases were part of a publicly announced program to purchase common stock of the Company.
(2)In February 2025, the Board of Directors approved the Stock Repurchase Program that authorizes the repurchase up to $500 million of outstanding CoStar Group shares, with no expiration date. During the first quarter of 2025, the Company repurchased 240,000 CoStar Group Shares for an aggregate cost of $18.5 million. See Note 14 for further discussion regarding the Stock Repurchase Program and stock repurchase activity.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.