CALERES INC 10-Q

ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS The following table provides information relating to our repurchases of common stock during the second quarter of 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number ​ Maximum Number ​ ​ ​ ​ ​ ​ ​ Purchased as Part ​ of Shares that May ​ ​ Total Number of ​ ​ ​ ​ of Publicly ​ Yet be Purchased ​ ​ Shares ​ Average Price Paid ​ Announced ​ Under the Fiscal Period Purchased (1) ​ per Share (1) Program (2) Program (2) May 1, 2022 - May 28, 2022 800,008 ​ $ 23.75 800,008 7,488,892 ​ ​ ​ ​ ​ ​ May 29, 2022 - July 2, 2022 291,003 ​ 28.22 283,488 7,205,404 ​ ​ July 3, 2022 - July 30, 2022 — ​ — — 7,205,404 ​ ​ Total 1,091,011 ​ $ 24.94 1,083,496 7,205,404 (1) Includes shares purchased as part of our publicly announced stock repurchase programs and shares that were tendered by employees related to certain share-based awards. The employee shares were tendered in satisfaction of the exercise price of stock options and/or to satisfy tax withholding amounts for non-qualified stock options, restricted stock and stock performance awards. (2) On September 2, 2019, the Board of Directors approved a stock repurchase program ("2019 Program") authorizing the repurchase of 5,000,000 shares of our outstanding common stock. In addition, on March 10, 2022, the Board of Directors approved a stock repurchase program ("2022 Program") authorizing the repurchase of an additional 7,000,000 shares of our outstanding common stock. We can use the repurchase programs to repurchase shares on the open market or in private transactions from time to time, depending on market conditions. The repurchase programs do not have an expiration date. During the thirteen and twenty-six weeks ended July 30, 2022, the Company repurchased 1,083,496 and 1,784,820 shares, respectively, under these programs. The Company did not repurchase any shares under these programs during the twenty-six weeks ended July 31, 2021. As of July 30, 2022, there were 7,205,404 shares authorized to be repurchased under the repurchase programs. Our repurchases of common stock are limited under our debt agreements. ​ ITEM 3 DEFAULTS UPON SENIOR SECURITIES None. ​ ITEM 4 MINE SAFETY DISCLOSURES Not applicable. ​ ​ 38 Table of Contents