DoorDash Inc
For the period ended Sep 30, 2024. Filed Oct 30, 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.
Sep 30, 2024 · Filed Oct 30, 2024
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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 by the Issuer and Affiliated Purchasers
The following table summarizes the share repurchase activity for the three months ended September 30, 2024:
| Period · Total Number of Shares Purchased(in thousands)(1) · Average Price Paid Per Share · Total Number of Shares Purchased as Part of Publicly Announced Programs(in thousands)(1) · Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program(in millions)(1) | |||||
|---|---|---|---|---|---|
| July 1 - 31 | 2,074 | $105.02 | 2,074 | $881 | |
| August 1 - 31 | 40 | $108.35 | 40 | $876 | |
| September 1 - 30 | — | $— | — | $876 | |
| Total | 2,114 | 2,114 | |||
(1)In February 2024, our board of directors authorized the repurchase of up to $1.1 billion of our Class A common stock. In connection with this authorization, we have entered into Rule 10b5-1 plans, which as of September 30, 2024 resulted in the repurchase of approximately $224 million of our Class A common stock in open market transactions. Please refer to Note 8 of the Notes to Condensed Consolidated Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q for additional information.
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