Leidos Holdings, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. (a) None (b) None (c) Purchases of Equity Securities by the Issuer In February 2022, our Board of Directors authorized a share repurchase program of up to 20 million shares of our outstanding common stock. The shares may be repurchased from time to time in one or more open market repurchases or privately negotiated transactions, including accelerated share repurchase transactions. The actual timing, number and value of shares repurchased under the program will depend on a number of factors, including the market price of our common stock, general market and economic conditions, applicable legal requirements, compliance with the terms of our outstanding indebtedness and other considerations. There is no assurance as to the number of shares that will be repurchased, and the repurchase program may be suspended or discontinued at any time at our Board of Directors' discretion. This share repurchase authorization replaces the previous share repurchase authorization announced in February 2018. Period Total Number of Shares (or Units) Purchased Average Price Paid per Share (or Unit) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Repurchase Plans or Programs Maximum Number of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs July 1, 2022 - July 31, 2022 — $ — — 15,203,974 August 1, 2022 - August 31, 2022 — — — 15,203,974 September 1, 2022 - September 30, 2022 25,205 93.20 — 15,203,974 Total 25,205 $ 93.20 — Item 3. Defaults Upon Senior Securities. None. Item 4. Mine Safety Disclosures. Not applicable.