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 The following table presents information related to the repurchases of our common stock during the quarter ended June 28, 2024. Period Total Number of Shares (1) (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 (2) Maximum Number of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs (2) March 30, 2024 - March 31, 2024 — $ — — 11,837,626 April 1, 2024 - April 30, 2024 448 128.22 — 11,837,626 May 1, 2024 - May 31, 2024 677,221 147.55 677,221 11,160,405 June 1, 2024 - June 28, 2024 — — — 11,160,405 Total 677,669 $ 147.54 677,221 (1) The total number of shares purchased includes shares surrendered to satisfy statutory tax withholding obligations related to vesting of restricted stock units. (2) 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. Item 3. Defaults Upon Senior Securities. None. Item 4. Mine Safety Disclosures. Not applicable.