PIPER SANDLER COMPANIES
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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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, 2025 · Filed Aug 6, 2025
PIPR$65.92-1.8%Stored close · as of Nov 6, 2026
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Restructuring and Integration Costs
NOTE 17| RESTRUCTURING AND INTEGRATION COSTS
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| (Amounts in thousands) | 2025 | 2024 | 2025 | 2024 |
| Restructuring and integration costs | ||||
| Restructuring costs: | ||||
| Severance, benefits and outplacement | $2,858 | $(297) | $2,858 | $(297) |
| Vacated leased office space | 1,802 | — | 1,802 | — |
| Contract termination | 79 | — | 79 | — |
| Total restructuring costs | 4,739 | (297) | 4,739 | (297) |
| Integration costs | 259 | 1,274 | 259 | 1,274 |
| Total restructuring and integration costs | $4,998 | $977 | $4,998 | $977 |
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