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 2025: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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) February 2, 2025 - March 1, 2025 — ​ $ — — 3,666,055 ​ ​ ​ ​ ​ ​ March 2, 2025 - April 5, 2025 417,586 ​ 16.56 225,000 3,441,055 ​ ​ ​ ​ ​ April 6, 2025 - May 3, 2025 76,949 ​ 15.58 75,000 3,366,055 Total 494,535 ​ $ 16.41 300,000 3,366,055 (1) Includes shares that are tendered by employees related to certain share-based awards to satisfy tax withholding amounts for restricted stock awards. The average price per share on repurchases of our common stock excludes the cost of broker commissions and excise taxes due under the provisions of the Inflation Reduction Act. (2) On March 10, 2022, the Board of Directors approved a stock repurchase program ("2022 Program") authorizing the repurchase of 7,000,000 shares of our outstanding common stock. We can use the repurchase program to repurchase shares on the open market or in private transactions. During the thirteen weeks ended May 3, 2025 and May 4, 2024, the Company repurchased 300,000 shares and 416,000 shares, respectively, under the 2022 Program. As of May 3, 2025, there were 3,366,055 shares authorized to be repurchased. 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. ​