EPLUS INC
For the period ended Jun 30, 2024. Filed Aug 7, 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 7, 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 |
|---|
The following table provides information regarding our purchases of common stock during the three months ended June 30, 2024.
| Period · Total number of shares purchased (1) · Average price paid per share · Total number of shares purchased as part of publicly announced plans or programs · Maximum number of shares that may yet be purchased under the plans or programs (2) | |||||
|---|---|---|---|---|---|
| April 1, 2024 through April 30, 2024 | - | $ | - | - | 956,028 |
| May 1, 2024 through May 31, 2024 | 15,000 | $74.44 | 15,000 | 1,235,000 | |
| June 1, 2024 through June 30, 2024 | 147,319 | $73.43 | 94,869 | 1,140,131 | |
| Total | 162,319 | 109,869 | |||
| (1) | All shares were acquired in open-market purchases, except for 52,450 shares, which were repurchased in June 2024 to satisfy tax withholding obligations that arose due to the vesting of shares of restricted stock. |
| (2) | The amounts presented in this column are the remaining number of shares that may be repurchased after repurchases during the month. As of May 27, 2024, the authorization under the then-existing share repurchase plan expired. On May 18, 2024, our board of directors authorized the repurchase of up to 1,250,000 shares of our outstanding common stock, over a 12-month period beginning May 28, 2024. |
The timing and expiration date of the current stock repurchase authorizations are included in Note 11, “Stockholders’ Equity” to our unaudited consolidated financial statements included elsewhere in this report.
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