Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
(c) The following table summarizes our monthly Class A common stock repurchase activity during the three months ended March 31, 2026. Subsequent to March 31, 2026, BancShares purchased an additional 102,340 shares of Class A common stock through April 30, 2026 under the 2025 SRP.
Table 57
Issuer Purchases of Class A Common Stock
dollars in millions, except per share data Total Number of Class A Shares Purchased Average Price Paid per Share Total Number of Shares Repurchased as Part of Publicly Announced Plan Approximate Dollar Value of Shares that May Yet be Purchased Under Plan
Repurchases from January 1 - 31, 2026 139,328 $ 2,123.69 139,328 $ 2,515
Repurchases from February 1 - 28, 2026 136,470 2,050.40 136,470 2,235
Repurchases from March 1 - 31, 2026 174,047 1,863.20 174,047 1,911
Total 449,845 $ 2,000.67 449,845 $ 1,911
On July 25, 2025, BancShares announced that the Board authorized the 2025 SRP, which allows BancShares to repurchase shares of its Class A common stock in an aggregate amount up to $4.0 billion through December 31, 2026. Repurchases under the 2025 SRP commenced in September 2025 after the 2024 SRP was completed.
Under the 2025 SRP, shares of BancShares’ Class A common stock may be purchased from time to time on the open market or in privately negotiated transactions, including through a Rule 10b5-1 plan, but the Board’s action does not obligate BancShares to repurchase any minimum or particular number of shares, and repurchases may be suspended or discontinued at any time (subject to the terms of any Rule 10b5-1 plan in effect) without prior notice.
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.