Sprinklr Inc
For the period ended Apr 30, 2024. Filed Jun 5, 2024.
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.
Apr 30, 2024 · Filed Jun 5, 2024
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
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Recent Sales of Unregistered Equity Securities
None.
Issuer Purchases of Equity Securities
The following table sets forth information concerning our repurchase of our Class A common stock during the three months ended April 30, 2024:
| (in thousands, except per share data) | Total Number of Shares Purchased(a) | Average Price Paid per Share (b) | 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 |
|---|---|---|---|---|
| February 1, 2024 through February 29, 2024 | 1,920 | $12.68 | 1,920 | (c) |
| March 1, 2024 through March 31, 2024 | 909 | $12.78 | 909 | (c) |
| April 1, 2024 through April 30, 2024 | 5,512 | $11.82 | 5,512 | (c) |
(a) On January 4, 2024, we announced that our board of directors had approved a program (the “2024 Share Repurchase Program”) to periodically repurchase up to $100 million of our Class A common stock in negotiated off market transactions or in open market purchases, including through Rule 10b5-1 plans. On March 26, 2024, the board of directors approved an additional $100 million to be added to the 2024 Share Repurchase Program. On June 3, 2024, the board of directors approved an additional $100 million to be added to the 2024 Share Repurchase Program. The 2024 Share Repurchase Program expires January 31, 2025. For additional information related to share repurchases, see Notes 9, Stockholders’ Equityand 15, Subsequent Events included in Part I, Item 1 of this Form 10-Q.
(b)Average price paid per share includes direct acquisition costs but excludes the 1% excise tax accrued on our share repurchases as a result of the Inflation Reduction Act of 2022.
(c)As of April 30, 2024, the remaining amount authorized for repurchases of our Class A common stock pursuant to the 2024 Share Repurchase Program was $69.4 million. On June 3, 2024, the board of directors approved an additional $100 million to be added to the 2024 Share Repurchase Program, which is not reflected in the foregoing amount.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.