Freshworks Inc.
For the period ended Jun 30, 2025. Filed Jul 29, 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 Jul 29, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Unregistered Sales of Equity Securities
None.
Use of Proceeds
None.
Issuer Purchases of Equity Securities
Stock repurchase activity during the three months ended June 30, 2025 was as follows (in thousands, except number of shares and average price paid per share):
| Period by fiscal month · Total number of shares repurchased (1) · Average price paid per share (2) · Total number of shares repurchased as part of publicly announced plans or programs (3) · Approximate dollar value of shares that may yet be purchased under the plans or programs (3) | |||||
|---|---|---|---|---|---|
| April 1, 2025 - April 30, 2025 | 4,226,826 | $12.81 | 4,226,826 | $218,557 | |
| May 1, 2025 - May 31, 2025 | 2,462,769 | $14.88 | 2,462,769 | $181,902 | |
| June 1, 2025 - June 30, 2025 | 1,490,804 | $15.29 | 1,490,804 | $159,110 | |
| Total | 8,180,399 | 8,180,399 | |||
(1) All of the shares purchased during the three months ended June 30, 2025 were acquired pursuant to our publicly announced share repurchase program described in footnote 3 below.
(2) The average price paid per share includes brokerage commissions and excludes excise tax.
(3) On November 6, 2024, we publicly announced that our board of directors had approved a share repurchase program, which authorized the repurchase of up to $400 million of our outstanding Class A common stock. Under the repurchase program, we may repurchase shares of our outstanding Class A common stock from time to time in the open market, through privately negotiated transactions and/or other means in compliance with the Exchange Act and the rules and regulations thereunder. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 under the Exchange Act. We may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of shares of common stock under this authorization. The timing, manner, price, and amount of any repurchases will be determined by us at our discretion, and will depend on a variety of factors, including business, economic and market conditions, prevailing stock prices, corporate and regulatory requirements, and other considerations. The repurchase program may be suspended or discontinued at any time.
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