CHARLES RIVER LABORATORIES INTERNATIONAL INC
For the period ended Jun 29, 2024. Filed Aug 7, 2024.
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.
Jun 29, 2024 · Filed Aug 7, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1A. Risk Factors
In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for fiscal year 2023, which could materially affect our business, financial condition, and/or future results. The risks described in our Annual Report on Form 10-K are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition, and/or operating results. There have been no material changes to the risk factors set forth in our Annual Report on Form 10-K for fiscal year 2023 as filed with the SEC on February 14, 2024.
The following table provides information relating to the purchases of shares of our common stock during the three months ended June 29, 2024.
| Total Numberof SharesPurchased · AveragePrice Paidper Share · Total Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs · Approximate DollarValue of SharesThat May Yet BePurchased Underthe Plans or Programs | |||||
|---|---|---|---|---|---|
| (in thousands) | |||||
| March 31, 2024 to April 27, 2024 | 18 | $270.95 | — | $129,105 | |
| April 28, 2024 to May 25, 2024 | 923 | 232.69 | — | 129,105 | |
| May 26, 2024 to June 29, 2024 | 40,595 | 216.56 | — | 129,105 | |
| Total | 41,536 | — | |||
Through June 29, 2024 our Board of Directors had authorized up to an aggregate amount of $1.3 billion for our stock repurchase program. During the three months ended June 29, 2024, we did not repurchase any shares of common stock under our stock repurchase program or in open market trading. As of June 29, 2024, we had $129.1 million remaining on the authorized stock repurchase program.
On August 2, 2024, our Board of Directors approved a new stock repurchase authorization of $1.0 billion. This new authorization replaces a prior stock repurchase authorization of $1.3 billion that had $129.1 million remaining on the plan when it was terminated.
Additionally, our stock-based compensation plans permit the netting of common stock upon vesting of restricted stock, restricted stock units, and performance share units in order to satisfy individual statutory tax withholding requirements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.