Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
The following table sets forth share repurchases, on a trade date basis, for each of the three months of the quarter ended March 31, 2025.
Issuer Purchases of Equity Securities
Period Total
number
of shares
(or units)
purchased
Average
price paid
per share
(or unit) (1)
Total number of
shares (or units)
purchased as part of
publicly announced
plans or programs (2)
Maximum number (or
approximate dollar
value) of shares (or
units) that may yet be
purchased under the
plans or programs
(in thousands) (2)
January 1, 2025 - January 31, 2025 539,031 (3)
$ 88.32 467,272 $ 1,020,541
February 1, 2025 - February 28, 2025 2,224,619 (4)
80.41 2,145,264 848,085
March 1, 2025 - March 31, 2025 2,847,758 (5)
77.26 2,847,434 628,086
Total 5,611,408
$ 79.57 5,459,970
_______________________________________________________________________________
(1) Average price paid per share of CF Industries Holdings, Inc. (CF Holdings) common stock repurchased under the 2022 Share Repurchase Program, as defined below, is the execution price, excluding commissions paid to brokers and excise taxes.
(2) On November 2, 2022, we announced that our Board of Directors authorized the repurchase of up to $3 billion of CF Holdings common stock, which is effective through December 31, 2025 (the 2022 Share Repurchase Program). This share repurchase program is discussed in Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—Share Repurchase Programs in Part I of this Quarterly Report on Form 10-Q and in Note 13—Stockholders’ Equity, in the Notes to Unaudited Consolidated Financial Statements included in Item 1. Financial Statements in Part I of this Quarterly Report on Form 10-Q.
(3) Includes 71,759 shares withheld to pay employee tax obligations upon the lapse of restrictions on restricted stock units.
(4) Includes 79,355 shares withheld to pay employee tax obligations upon the lapse of restrictions on performance restricted stock units.
(5) Includes 324 shares withheld to pay employee tax obligations upon the lapse of restrictions on restricted stock units.
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CF INDUSTRIES HOLDINGS, INC.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.