ADT Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. Recent Sales of Unregistered Equity Securities There were no sales of unregistered equity securities during the six months ended June 30, 2025. Use of Proceeds from Registered Equity Securities We did not receive any proceeds from sales of registered equity securities during the six months ended June 30, 2025. Issuer Purchases of Equity Securities The following table presents repurchases of shares of the Company’s Common Stock completed during the three months ended June 30, 2025 (in thousands): Period Total Number of Shares Purchased Average Price Paid Per Share ( 1) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (in thousands) (2) April 1, 2025 - April 30, 2025 7,487 $ 8.05 7,487 $ 147,600 May 1, 2025 - May 31, 2025 1,161 $ 8.29 1,161 $ 137,980 June 1, 2025 - June 30, 2025 3,185 $ 8.28 3,185 $ 111,632 Total 11,833 $ 8.14 11,833 $ 111,632 _________________ (1) The average price paid per share is calculated by dividing the total cash paid for the shares (including commissions) by the total number of shares repurchased. (2) In February 2025, the Company's Board of Directors announced the 2025 Share Repurchase Plan, pursuant to which the Company is authorized to repurchase, through April 30, 2026, up to a maximum aggregate amount of $500 million of shares of the Company's Common Stock. The 2025 Share Repurchase Plan allows the Company to purchase Common Stock, from time to time, in one or more open market or privately negotiated transactions, including pursuant to Rule 10b5-1 or Rule 10b-18 of the Exchange Act, or pursuant to one or more accelerated share repurchase agreements, subject to certain requirements and other factors. ITEM 3. DEFAULTS UPON SENIOR SECURITIES. None. ITEM 4. MINE SAFETY DISCLOSURES. None. 44