Zoetis Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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.
Sep 30, 2026 · Filed Nov 5, 2026
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
In August 2024, our Board of Directors authorized a multi-year share repurchase program of up to $6 billion of our outstanding common stock. As of September 30, 2026, there was $770 million remaining under this authorization. The program does not have a stated expiration date. Purchases of Zoetis shares may be made at the discretion of management, depending on market conditions and business needs. We repurchase shares pursuant to Rules 10b5-1 and 10b-18 under the Exchange Act, through repurchase agreements established with several brokers.
In connection with the December 18, 2025 private offering of 0.250% convertible senior notes, we used $248 million of the net proceeds from the offering to purchase approximately 2.1 million shares of Zoetis’ common stock. Following the date of the offering, we used the remaining $1,535 million of net proceeds for additional repurchases of 12.3 million shares of common stock, which were completed as of March 31, 2026.
The following table provides information with respect to the shares of the company’s common stock repurchased during the three months ended
September 30, 2026:
| Issuer Purchases of Equity Securities(a) | ||||
|---|---|---|---|---|
| Total Number of Shares Purchased(b) | 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 | |
| July 1 - July 31, 2026 | 932,247 | $75.22 | 931,619 | $1,199,879,889 |
| August 1 - August 31, 2026 | 3,167,246 | $74.99 | 3,163,434 | $962,612,618 |
| September 1 - September 30, 2026 | 2,585,832 | $74.33 | 2,584,492 | $770,134,979 |
| 6,685,325 | $74.77 | 6,679,545 | $770,134,979 | |
(a) Amounts exclude the impact of excise tax on net share repurchases.
(b) The company repurchased 5,780 shares during the three-month period ended September 30, 2026 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.
None
None
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.