Science Applications International Corp
For the period ended May 2, 2025. Filed Jun 2, 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.
May 2, 2025 · Filed Jun 2, 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
Purchases of Equity Securities. We may repurchase shares on the open market in accordance with established repurchase plans. Whether repurchases are made and the timing and amount of repurchases depend on a variety of factors including market conditions, our capital position, internal cash generation and other factors. We also repurchase shares in connection with stock option and stock award activities to satisfy tax withholding obligations.
The following table presents repurchases of our common stock during the three months ended May 2, 2025:
| Period(1) | Total Number ofShares (or Units)Purchased(2) | Average Price Paidper Share (or Unit) | Total Number ofShares (or Units)Purchased as Part ofPublicly AnnouncedPlans or Programs | Maximum Number ofShares (or Units)that May Yet BePurchased Underthe Plans orPrograms(3)(4) |
|---|---|---|---|---|
| February 1, 2025 - March 7, 2025 | 468,384 | $102.68 | 467,495 | 9,755,081 |
| March 8, 2025 - April 4, 2025 | 360,817 | 110.26 | 360,493 | 9,359,900 |
| April 5, 2025 - May 2, 2025 | 315,894 | 116.41 | 315,894 | 8,549,988 |
| Total | 1,145,095 | $108.86 | 1,143,882 |
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SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
(1)Date ranges represent our fiscal periods during the current quarter. Our fiscal quarters typically consist of one five-week period and two four-week periods.
(2)Includes shares purchased on surrender by stockholders of previously owned shares to satisfy minimum statutory tax withholding obligations related to vesting of stock awards in addition to shares purchased under our publicly announced plans or programs.
(3)In December 2024, our Board of Directors authorized the repurchase of up to $1.2 billion of our outstanding common stock under our existing share repurchase plan. As of May 2, 2025, we have repurchased approximately 25.7 million shares of common stock under the program for approximately $2.2 billion, which included amounts previously authorized under the plan prior to December 2024.
(4)The maximum number of shares that may yet be purchased under our publicly announced plans or programs is calculated by taking the total remaining dollars authorized at the end of each period and dividing it by the closing stock price as of the period end date.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.