Pure Storage Inc
For the period ended Nov 3, 2024. Filed Dec 12, 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.
Nov 3, 2024 · Filed Dec 12, 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
The following table summarizes our stock repurchase activity for the third quarter of fiscal 2025 (in thousands except for price per share):
| Period | Average Price Paid per Share | Total Number of Shares Purchased as Part of Share Repurchase Program (1) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Program |
|---|---|---|---|
| August 5 - September 1 | $— | — | $395,372 |
| September 2 - September 29 | $48.32 | 1,862 | $305,410 |
| September 30 - November 3 | $52.89 | 1,738 | $213,445 |
(1) In February 2024, our Board of Directors authorized share repurchases of up to an additional $250.0 million of our common stock. See “Liquidity and Capital Resources—Share Repurchase Program” included under Part I, Item 2 in this Quarterly Report on Form 10-Q.
The following table summarizes the shares of restricted common stock that were delivered by certain employees upon vesting of equity awards to satisfy tax withholding requirements during the third quarter of fiscal 2025 (in thousands except for price per share):
| Period | Average Price per Share Delivered | Total Number of Shares Delivered to Satisfy Tax Withholding Requirements | Approximate Dollar Value of Shares Delivered to Satisfy Tax Withholding Requirements |
|---|---|---|---|
| August 5 - September 1 | $52.12 | 1 | $8 |
| September 2 - September 29 | $49.75 | 1,112 | $55,353 |
| September 30 - November 3 | $— | — | $— |
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