AKAMAI TECHNOLOGIES INC
For the period ended Jun 30, 2024. Filed Aug 8, 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.
Jun 30, 2024 · Filed Aug 8, 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
(c) Issuer Purchases of Equity Securities
The following is a summary of our repurchases of our common stock in the second quarter of 2024 (in thousands, except share and per share data):
| Period (1) | (a) Total Number of Shares Purchased (2) | (b) Average Price Paid per Share (3) | (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (4) | (d) Approximate Dollar Value of Shares that May Yet be Purchased Under Plans or Programs (4) |
|---|---|---|---|---|
| April 1, 2024 – April 30, 2024 | 160,969 | $104.31 | 160,969 | $395,705 |
| May 1, 2024 – May 31, 2024 | 746,020 | 94.99 | 746,020 | 2,324,840 |
| June 1, 2024 – June 30, 2024 | 448,467 | 89.54 | 448,467 | 2,284,686 |
| Total | 1,355,456 | $94.29 | 1,355,456 |
(1)Information is based on settlement dates of repurchase transactions.
(2)Consists of shares of our common stock, par value $0.01 per share.
(3)Includes commissions paid, but excludes any estimated excise taxes payable on share repurchases.
(4)Effective January 2022, our board of directors authorized a $1.8 billion share repurchase program through December 2024. In May 2024, our board of directors authorized a new $2.0 billion share repurchase program, effective May 2024 through June 2027, which is in addition to amounts remaining under the January 2022 program.
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