Zoetis Inc
For the period ended Mar 31, 2024. Filed May 2, 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.
Mar 31, 2024 · Filed May 2, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
In December 2021, our Board of Directors authorized a $3.5 billion multi-year share repurchase program. As of March 31, 2024 there was $1.2 billion remaining under this program.
The following table provides information with respect to the shares of the company’s common stock repurchased during the three months ended
March 31, 2024:
| Issuer Purchases of Equity Securities(b) | ||||
|---|---|---|---|---|
| Total Number of Shares Purchased(a) | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Programs | Approximate Dollar Value of Shares that May Yet Be Purchased Under Plans or Programs | |
| January 1 - January 31, 2024 | 365,952 | $191.11 | 364,485 | $1,425,213,557 |
| February 1 - February 29, 2024 | 710,882 | $190.45 | 586,781 | $1,314,254,742 |
| March 1 - March 31, 2024 | 872,982 | $181.24 | 872,704 | $1,155,660,310 |
| 1,949,816 | $186.45 | 1,823,970 | $1,155,660,310 | |
(a) The company repurchased 125,846 shares during the three-month period ended March 31, 2024 that were not part of the publicly announced multi-year share repurchase authorization. These shares were reacquired from employees to satisfy tax withholding requirements on the vesting of restricted shares from equity-based awards.
(b) Amounts exclude the impact of excise tax on net share repurchases.
None
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