ILLUMINA INC
For the period ended Dec 29, 2024. Filed Feb 12, 2025.
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FY2024 · Filed Feb 12, 2025
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Share Repurchases and Sales
Purchases of Equity Securities by the Issuer
In August 2024, our Board of Directors authorized a new share repurchase program, which cancels and supersedes all prior and available repurchase authorizations, to repurchase up to $1.5 billion of our outstanding common stock. The repurchases may be completed through open market purchases, pursuant to Rule 10b5-1 or Rule 10b-18, or through an accelerated share repurchase program. We did not repurchase any shares under the prior program during 2024. Shares repurchased in open market transactions pursuant to the new program during 2024 were as follows:
| In thousands, except price per share | Total Number of SharesPurchased | Average PricePaid per Share(1) | Total Number ofShares Purchased as Part of PubliclyAnnounced Program | Approximate DollarValue of Sharesthat May Yet BePurchased Underthe Program |
|---|---|---|---|---|
| Third Quarter | 770 | $127.71 | 770 | $1,401,684 |
| Fourth Quarter (1) | 134 | $129.02 | 134 | $1,384,404 |
| Total | 904 | $127.90 | 904 | $1,384,404 |
(1)Average price paid per share excludes the excise tax on share repurchases imposed as part of the Inflation Reduction Act of 2022.
(1) Repurchases during the fourth quarter of 2024 were as follows:
| In thousands, except price per share | Total Number of SharesPurchased | Average PricePaid per Share(1) | Total Number ofShares Purchased as Part of PubliclyAnnounced Program | Approximate DollarValue of Sharesthat May Yet BePurchased Underthe Program |
|---|---|---|---|---|
| September 30, 2024 - October 27, 2024 | 101 | $128.72 | 101 | $1,388,718 |
| October 28, 2024 - November 24, 2024 | 33 | $129.91 | 33 | $1,384,404 |
| November 25, 2024 - December 29, 2024 | — | $— | — | $1,384,404 |
| Total | 134 | $129.02 | 134 | $1,384,404 |
(1)Average price paid per share excludes the excise tax on share repurchases imposed as part of the Inflation Reduction Act of 2022.
Sales of Unregistered Securities
There were no sales of unregistered securities in 2024.
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