RingCentral, Inc.
For the period ended Mar 31, 2025. Filed May 9, 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.
Mar 31, 2025 · Filed May 9, 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.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table summarizes the share repurchase activity of our Class A Common Stock for the three months ended March 31, 2025 (in thousands, except per-share amounts):
| 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 (1) · Approximate dollar value of shares that may yet be purchased under the program (1) | ||||||
|---|---|---|---|---|---|---|
| Balance as of December 31, 2024 | $168,113 | |||||
| January 1, 2025 to January 31, 2025 | — | $— | — | 168,113 | ||
| Authorization of additional share repurchase program | — | $— | — | 100,000 | ||
| February 1, 2025 to February 28, 2025 | 174,550 | $28.60 | 174,550 | 263,121 | ||
| March 1, 2025 to March 31, 2025 | 1,647,322 | $27.33 | 1,647,322 | 218,150 | ||
| Balance as of March 31, 2025 | 1,821,872 | 1,821,872 | $218,150 | |||
(1)In February 2025, our board of directors authorized an incremental $100.0 million share repurchase, subject to certain limitations. The authorizations under these programs do not expire. Refer to Note 10, Stockholders’ Deficit in the accompanying notes to the Condensed Consolidated Financial Statements included in Part I, Item 1, of this Quarterly Report on Form 10-Q for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.