Ecovyst Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. The following table contains information about purchases of our common stock, excluding excise tax, during the second quarter of 2025: Total number of shares of common stock purchased (1) Average price paid per share of common stock (2) Total number of shares of common stock purchased as part of publicly announced plan or programs Maximum number (or dollar value) of shares of common stock that may yet be purchased under the plans or programs (in thousands) (1) April 1, 2025—April 30, 2025 — $ — — $ 229,594 May 1, 2025—May 31, 2025 1,982,470 $ 7.28 1,982,470 $ 215,154 June 1, 2025—June 30, 2025 943,682 $ 7.86 943,682 $ 207,735 Total 2,926,152 (1) In April 2022, our Board of Directors approved and announced a new stock repurchase program authorizing the repurchase of up to $450 million of the Company’s outstanding common stock over the next four years. This program is expected to be funded using cash on hand and cash generated from operations. For possible future repurchases, the actual timing, number, and nature of shares repurchased will depend on a variety of factors, including stock price, trading volume, and general business and market conditions and may be conducted through negotiated transactions, open market repurchases or other means, including through Rule 10b-18 and 10b5-1 trading plans or accelerated share repurchases. The repurchase program does not obligate us to acquire any number of shares in any specific period or at all and may be amended, suspended or discontinued at any time at our discretion. During the three months ended June 30, 2025, the Company purchased 2,926,152 shares of its common stock on the open market pursuant to the stock repurchase program, for a total cost of $21.9 million. As of June 30, 2025, $207.7 million was available for share repurchases under the program. (2) Excludes brokerage commissions and other costs of execution.