BlueLinx Holdings Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS The following table presents our share repurchase activity for each month of the quarter ended April 2, 2022: Period Total Number of Shares Purchased (1) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 2 - February 5 3,328 74.78 — 25,000,000 February 6 - March 5 5,027 81.06 3,779 24,701,246 March 6 - April 2 78,031 78.98 77,552 18,572,690 Total 86,386 81,331 (1) Includes shares withheld by us in connection with tax withholding obligations of our employees upon vesting of such employees’ restricted stock unit awards. (2) On August 23, 2021, we announced that our Board of Directors approved a stock repurchase program, with no expiration from the date of authorization, for the repurchase up to $25.0 million of our common stock. As of April 2, 2022, $18.6 million was available for repurchases under this program. The timing and amount of any repurchases under this program depend upon market conditions and may be made at any time or from time to time, without prior notice, through a variety of methods, which may include open market purchases, privately negotiated transactions or pursuant to a trading plan that may be adopted in accordance with the Securities and Exchange Commission Rule 10b5-1. On May 3, 2022, we announced that our Board of Directors has increased our share repurchase authorization to $100.0 million, up $75.0 million from the previous program, and that we have entered into an Accelerated Share Repurchase agreement (“ASR”) with Jeffries LLC to repurchase $60.0 million of our common stock. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. MINE SAFETY DISCLOSURES Not applicable.