Johnson Controls International plc 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS In March 2021, the Company's Board of Directors approved a $4.0 billion increase to the Company's share repurchase authorization, adding to the $2.0 billion remaining as of December 31, 2020 under the prior share repurchase authorization approved in 2019. The share repurchase authorization does not have an expiration date and may be amended or terminated by the Board of Directors at any time without prior notice. During the three months and six months ended March 31, 2023, the Company repurchased approximately $ 93 million and $ 247 million of its ordinary shares on an open market. As of March 31, 2023, approximately $ 3.4 billion remains available under the share repurchase authorization. The following table presents information regarding the repurchase of the Company’s ordinary shares by the Company as part of its publicly announced program during the three months ended March 31, 2023. Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of the Publicly Announced Program Approximate Dollar Value of Shares that May Yet be Purchased under the Programs 1/1/23 - 1/31/23 Purchases by Company 416,756 $ 66.99 416,756 3,432,660,109 2/1/23 - 2/28/23 Purchases by Company 453,642 64.97 453,642 3,403,185,963 3/1/23 - 3/31/23 Purchases by Company 582,666 61.20 582,666 3,367,524,831 During the three months ended March 31, 2023, acquisitions of shares by the Company from certain employees in order to satisfy employee tax withholding requirements in connection with the vesting of restricted shares were not material. 54 ITEM 6. EXHIBITS INDEX TO EXHIBITS Exhibit No. Description 31.1 Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith) 31.2 Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith) 32.1 Certification of Periodic Financial Report by the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith) 101 The following materials from Johnson Controls International plc's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, formatted in iXBRL (Inline Extensible Business Reporting Language): (i) the Consolidated Statements of Financial Position, (ii) the Consolidated Statements of Income, (iii) the Consolidated Statements of Comprehensive Income, (iv) the Consolidated Statements of Cash Flows, (v) the Consolidated Statements of Shareholders' Equity and (vi) Notes to Consolidated Financial Statements. 104 Cover Page Interactive Data File (formatted in iXBRL and contained in Exhibit 101) 55 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. JOHNSON CONTROLS INTERNATIONAL PLC Date: May 5, 2023 By: /s/ Olivier Leonetti Olivier Leonetti Executive Vice President and Chief Financial Officer 56