Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
During the three months ended March 29, 2025, we purchased shares of our common stock as follows:
Period Total Number
of Shares
Purchased Average
Price Paid
per Share Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs (3) Maximum
Number
(or Approximate
Dollar Value)
of Shares that
May Yet Be Purchased
Under the Plans or Programs (3)
January 1, 2025, through January 25, 2025 (1) 1,403 $ 125.76 — $ 500,000,000
January 26, 2025, through February 22, 2025 — $ — — $ 500,000,000
February 23, 2025, through March 29, 2025 (2) 94,467 $ 126.00 93,800 $ 488,182,136
Total 95,870 93,800 $ 488,182,136
(1) Includes 1,403 shares purchased from the Dorman Products, Inc. 401(k) Plan and Trust (as described in Note 12, "Capital Stock", to the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K).
(2) Includes 667 shares purchased from the Dorman Products, Inc. 401(k) Plan and Trust .
(3) The Company's Board of Directors authorized a share repurchase program in December 2013, and through several actions taken since that time, has expanded the program to $600 million and extended the program through December 31, 2024 (the “Prior Program”). The Prior Program expired on December 31, 2024, along with all amounts that remained available for use under the Prior Program as of that date. In October 2024, the Company’s Board of Directors authorized the purchase of up to $500 million of our common stock under a new share repurchase program effective from January 1, 2025, through December 31, 2027 (the “New Program”). At March 29, 2025, $488.2 million was available for repurchase under the New Program.
ITEM 3. Defaults Upon Senior Securities
None
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Table of Contents
ITEM 4. Mine Safety Disclosures
Not Applicable
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