Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
The following table sets forth the purchases and redemptions of Choice Hotels International, Inc. common stock made by the Company during the six months ended June 30, 2026. Refer to the Liquidity and Capital Resources section of "Management's Discussion and Analysis of Financial Condition and Results of Operations" for more information.
Period Total Number of
Shares Purchased
or Redeemed Average Price
Paid per Share Total Number of Shares
Purchased as Part of
Publicly Announced
Plans or Programs (1)
Maximum Number of
Shares that may yet be
Purchased Under the Plans
or Programs, End of Period
January 1, 2026 through January 31, 2026 34,216 $ 97.21 33,529 2,723,234
February 1, 2026 through February 28, 2026 63,475 110.37 2,600 2,720,634
March 1, 2026 through March 31, 2026 510,714 101.40 438,445 2,282,189
April 1, 2026 through April 30, 2026 124,763 105.41 124,763 2,157,426
May 1, 2026 through May 31, 2026 211,094 105.58 210,655 1,946,771
June 1, 2026 through June 30, 2026 133,341 112.92 133,341 1,813,430
Total 1,077,603 $ 104.51 943,333 1,813,430
(1) In 1998, the Company instituted a share repurchase program. On March 11, 2024, the Company’s board of directors approved an increase of 5.0 million shares in the number of shares authorized to be repurchased under its share repurchase program. During the six months ended June 30, 2026, the Company redeemed 134,270 shares of common stock from employees to satisfy the stock option exercise price and the statutory minimum tax-withholding requirements related to the exercising of stock options and the vesting of performance vested restricted stock units and restricted stock grants. These redemptions were not part of the share repurchase program.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
None.
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.