DROPBOX, INC.
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
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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.
Sep 30, 2026 · Filed Nov 6, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
The following table presents information with respect to Dropbox's repurchases of Class A common stock during the quarter ended September 30, 2026.
| Period | Total Number of Shares Purchased (in millions)(1) | Average Price Paid per Share(2) | Total Number of Shares Purchased as Part of Publicly Announced Programs(in millions)(1) | Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Programs(in millions)(1) |
|---|---|---|---|---|
| July 1 - 31 | 2.29 | $29.09 | 2.29 | $1,318.64 |
| August 1 - 31 | 0.67 | $34.70 | 0.67 | $1,295.34 |
| September 1 - 30 | 1.73 | $34.63 | 1.73 | $1,235.27 |
| Total | 4.69 | $31.94 | 4.69 |
(1)The Board of Directors has authorized a share repurchase program for the repurchase of shares of our Class A common stock. As of September 30, 2026, $1.2 billion remained available for repurchases, including an increase of $900.0 million authorized by the Board of Directors in June 2026. Under the program, shares may be repurchased, subject to general business and market conditions and other investment opportunities, through open market purchases or privately held negotiated transactions, including through Rule 10b5-1 plans, in each case as permitted by securities laws and other legal requirements. The repurchase programs do not have an expiration date. See Note 11 "Stockholders' Deficit" to our condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q.
(2)Average price paid per share includes costs associated with the repurchases, excluding the 1% excise tax imposed as part of the Inflation Reduction Act.
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