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 first quarter of 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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) January 29, 2023 - February 25, 2023 — ​ $ — — 6,367,379 ​ ​ ​ ​ ​ ​ February 26, 2023 - April 1, 2023 413,128 ​ 24.22 — 6,367,379 ​ ​ ​ April 2, 2023 - April 29, 2023 — ​ — — 6,367,379 Total 413,128 ​ $ 24.22 — 6,367,379 (1) Includes shares that are tendered by employees related to certain share-based awards to satisfy tax withholding amounts for 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. Under these programs, the Company did not repurchase any shares during the thirteen weeks ended April 29, 2023, and repurchased 701,324 shares during the thirteen weeks ended April 30, 2022. As of April 29, 2023, there were 6,367,379 shares authorized to be repurchased under the repurchase programs. Our repurchases of common stock are limited under our revolving credit agreement. ​ ITEM 3 DEFAULTS UPON SENIOR SECURITIES None. ​ ITEM 4 MINE SAFETY DISCLOSURES Not applicable. ​ ​ 32 Table of Contents