Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds .
Item (c).
In February 2025, our Board of Directors authorized the Company to continue repurchasing up to 130,000 shares throughout 2025, which was increased to 260,000 shares in April 2025. In February 2026, our Board of Directors authorized the Company to continue repurchasing up to 260,000 shares throughout 2026. In addition, in July 2026 the Board of Directors of our Company has authorized a share repurchase program to purchase outstanding shares in either our Company or its 72% owned subsidiary, Interparfums SA, which has its shares traded on the Euronext under the symbol “ITP,” or both, and has authorized our Company to enter into a line of credit of up to the amount of $250 million to be repaid over a maximum of 6 years to fund the share repurchase program. The terms of the line of credit are still to be finalized. We cannot assure you that the entire repurchase program will be completed or that any minimum number of shares in our Company or Interparfums SA will be repurchased.
Interparfums, Inc. Purchase of Common Stock
Period
Total Number of Shares Purchased
Average price paid per share
Total number of shares purchased as part of publicly announced plans or programs
Maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs
April 1-30
0
n/a
0
213,996 shares
May 1-31
0
n/a
0
213,996 shares
June 1-30
0
n/a
0
213,996 shares
Total
0
n/a
0
213,996 shares
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