LINCOLN ELECTRIC HOLDINGS INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEED S Issuer purchases of its common shares during the first quarter of 2024 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ ​ ​ ​ ​ ​ Shares Maximum Number ​ ​ ​ ​ ​ ​ ​ Repurchased ​ of Shares that May ​ ​ Total Number of ​ ​ ​ ​ as Part of Publicly ​ Yet be Purchased ​ ​ Shares ​ Average Price ​ Announced Plans or ​ Under the Plans or Period ​ Repurchased ​ Paid Per Share ​ Programs ​ Programs (2) January 1 - 31, 2024 161,478 (1) ​ $ 215.54 160,459 7,698,061 February 1 - 29, 2024 160,627 (1) ​ 237.17 140,167 7,557,894 March 1 - 31, 2024 144,090 (1) ​ 253.91 121,818 7,436,076 Total 466,195 ​ 234.85 422,444 ​ (1) The above share repurchases include the surrender of the Company’s common shares in connection with the vesting of restricted awards. (2) On February 12, 2020, the Company’s Board of Directors authorized a new share repurchase program for up to an additional 10 million shares of the Company’s common stock. Total shares purchased through the share repurchase programs were 2.6 million shares at a total cost of $444.4 million for a weighted average cost of $170.40 per share through March 31, 2024. ITEM 4. MINE SAFETY DISCLOSURES Not applicable. ​ ​ ​ 30 Table of Contents