LKQ CORP
For the period ended Mar 31, 2024. Filed Apr 23, 2024.
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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, 2024 · Filed Apr 23, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Our Board of Directors has authorized a stock repurchase program under which we are able to purchase up to $3,500 million of our common stock from time to time through the scheduled duration of the program on October 25, 2025. Repurchases under the program may be made in the open market or in privately negotiated transactions, with the amount and timing of repurchases depending on market conditions and corporate needs. The repurchase program does not obligate us to acquire any specific number of shares and may be suspended or discontinued at any time.
The following table summarizes our stock repurchases for the three months ended March 31, 2024 (in millions, except per share data):
| Period · Total Number of Shares Purchased · Average Price Paid per Share · Total Number of Shares Purchased as Part of Publicly Announced Program · Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program | |||||
|---|---|---|---|---|---|
| January 1, 2024 - January 31, 2024 | 0.3 | $47.43 | 0.3 | $1,063 | |
| February 1, 2024 - February 29, 2024 | 0.3 | $48.41 | 0.3 | $1,046 | |
| March 1, 2024 - March 31, 2024 | — | $— | — | $1,046 | |
| Total | 0.6 | 0.6 | |||
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