Jackson Financial Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. Recent Sales of Unregistered Securities. None. Repurchase of Equity by the Company. Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program (1) Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in millions) (1) January 1, 2024 - January 31, 2024 Share repurchase program 546,778 $ 50.31 546,778 $ 273 Employee transactions (2) — N/A N/A N/A February 1, 2024 - February 28, 2024 Share repurchase program 935,594 51.61 935,594 225 Employee transactions (2) — N/A N/A N/A March 1, 2024 - March 31, 2024 Share repurchase program 675,000 59.53 675,000 185 Employee transactions (2) 73,952 58.96 N/A N/A Totals Share repurchase program 2,157,372 2,157,372 Employee transactions (2) 73,952 N/A 2,231,324 2,157,372 (1) As of May 2, 2024, the Company had remaining authorization to purchase $137 million of its common shares. For more information on common stock repurchases, see Note 19 - Equity of the Notes to Condensed Consolidated Financial Statements included elsewhere in this report . (2) Includes shares withheld pursuant to the terms of awards under the Company's 2021 Omnibus Incentive Plan to offset tax withholding obligations that occur upon vesting and release of shares, which are treated as share repurchases. The value of the shares withheld is the closing price of common stock of Jackson Financial Inc. on the date the relevant transaction occurs. 119