PINTEREST INC
For the period ended Jun 30, 2024. Filed Jul 30, 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 Jul 30, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table shows information about our purchases of equity securities that are registered pursuant to Section 12 of the Securities Exchange Act of 1934 for the three months ended June 30, 2024:
| Period · Total number of shares purchased (1) · Average price paid per share(2) · Total number of shares purchased as part of publicly announced plans or programs · Approximate dollar value of shares that may yet be purchased under publicly announced plans or programs | |||||
|---|---|---|---|---|---|
| April 1 - April 30, 2024 | 51,584 | $33.09 | — | — | |
| May 1 - May 31, 2024 | 331,900 | $41.90 | 331,900 | — | |
| June 1 - June 30, 2024 | 472,397 | $43.33 | 472,397 | — | |
| Total | 855,881 | 804,297 | — | ||
(1)We withheld shares from employees to satisfy tax withholding obligations on release of restricted stock awards. The value of the common stock was based on the closing price of our Class A common stock on the vesting date.
(2)Average price paid per share includes costs associated with repurchases.
(3)On September 16, 2023, our board of directors authorized a stock repurchase program of up to $1.0 billion of our Class A common stock. Refer to Note 4 to our condensed consolidated financial statements for further information on our stock repurchase program.
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