O-I Glass Inc DE
For the period ended Mar 31, 2024. Filed May 1, 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 1, 2024
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Item 1A. Risk Factors
There have been no material changes in risk factors at March 31, 2024 from those described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
During the three months ended March 31, 2024, the Company purchased 638,506 shares of its common stock for approximately $10 million pursuant to a $150 million anti-dilutive share repurchase program authorized by the Board of Directors on February 9, 2021 that is intended to offset stock-based compensation provided to the Company’s directors, officers, and employees. The current program has no expiration date. Approximately $20 million remained available for purchases under this program as of March 31, 2024. The following table provides information about the Company’s purchases of its common stock during the three months ended March 31, 2024:
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Issuer Purchases of Equity Securities | |||||||||||||
| | | | | | | | | | | | | | |
| Period · Total Number of Shares Purchased (in thousands) · Average Price Paid per Share · Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs · Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in millions) | |||||||||||||
| January 1 - January 31, 2024 | | | 639 | | $15.64 | | | 639 | | | 20 | | |
| February 1 - February 29, 2024 | | | | | | | | | | | | 20 | |
| March 1 - March 31, 2024 | | | | | | | | | | | | 20 | |
| Total | | | 639 | | $15.64 | | | 639 | | | | | |
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