Maplebear Inc.
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
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.
Jun 30, 2025 · Filed Aug 8, 2025
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
Issuer Purchases of Equity Securities
The following table sets forth information relating to repurchases of our equity securities during thethree months ended June 30, 2025:
| Total Number of Shares Purchased(1) · Average Price Paid Per Share(2) · Total Number of Shares Purchased as Part of Publicly Announced Program · Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program | |||||
|---|---|---|---|---|---|
| (in thousands) · (in thousands) · (in millions) | |||||
| April 1, 2025 to April 30, 2025 | 1,876 | $39.83 | 1,876 | $393 | |
| May 1, 2025 to May 31, 2025 | 127 | $39.86 | 127 | $388 | |
| June 1, 2025 to June 30, 2025 | 701 | $44.05 | 701 | $357 | |
| Total | 2,704 | 2,704 | |||
(1) In June 2024, our board of directors authorized a $500 million share repurchase program, which was subsequently increased to $750 million and later $1 billion in November 2024 and May 2025, respectively. The share repurchase program has no expiration date. In determining the authorization of each share repurchase program, including the amount authorized, our board of directors considered the trading price levels of our common stock, including relative to that of comparable companies, our cash position, and other relevant business, tax, and legal factors. Our board of directors also considered our profitability and positive operating cash flow in recent periods, which enable us to both engage in capital return and reinvest in our talent, technology, and long-term endeavors to drive more profitable growth and help our partners navigate the digital transformations of their businesses. As such, our board of directors believes that these factors will allow us to generate more value for our stockholders over the long term. For more information regarding the risks associated with our share repurchase program, see the section titled “Risk Factors—Risks Related to Ownership of Our Common Stock—We may not realize the anticipated long-term stockholder value of our share repurchase program, and any failure to repurchase our common stock after we have announced our intention to do so may negatively impact our stock price.”
(2) Excludes costs associated with the repurchases and the 1% excise tax accrued on the Company’s share repurchases as a result of the Inflation Reduction Act of 2022.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.