Drilling Tools International Corp
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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 30, 2025 · Filed Aug 14, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
On May 13, 2025, the Company announced a share repurchase program allowing the Company to purchase common stock held by non-affiliates, not to exceed $10.0 million in aggregate value. We remain authorized to purchase 9.4 million shares of common shares under this repurchase program.
Shares repurchased during the three months ended June 30, 2025 were as follows:
| Three Months Ended June 30, 2025 | Total number of shares of Common Stock Purchases | Average price paid per share of Common Stock | Aggregate purchase price of Common Stock repurchases1 | Number of remaining shares authorized for purchase |
|---|---|---|---|---|
| April 1, 2025 - April 30, 2025 | — | — | — | 10,000,000 |
| May 1, 2025 - May 31, 2025 | 61,528 | 2.60 | 160,120 | 9,839,880 |
| June 1, 2025 - June 30, 2025 | 141,083 | 3.17 | 447,541 | 9,392,339 |
| Total | 202,611 | $3.00 | $607,661 | 9,392,339 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.