Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Total shares of Lamb Weston common stock purchased by the Company during the thirteen weeks ended November 23, 2025 were as follows:
Period Total Number
of Shares (or
Units)
Purchased (a) Average
Price Paid
Per Share
(or Unit) Total Number of
Shares (or Units)
Purchased as Part of
Publicly Announced
Plans or Programs (b) Approximate Dollar
Value of Maximum
Number of Shares that
May Yet be Purchased
Under Plans or Programs
(in millions) (b)
August 25, 2025 through September 21, 2025 12,623 $ 57.26 — $ 348
September 22, 2025 through October 19, 2025 234,775 $ 63.96 234,459 $ 333
October 20, 2025 through November 23, 2025 381,870 $ 64.57 383,164 $ 308
Total 629,268
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(a) Represents shares withheld from employees to cover income and payroll taxes on equity awards that vested during the period.
(b) On December 19, 2024, we announced that the Board of Directors (the “Board”) increased our total share repurchase authorization under our existing $500 million share repurchase program by $250 million to an aggregate amount of $750 million. As of November 23, 2025, approximately $308 million remained authorized and available for repurchase under the program. The program has no expiration date. Repurchases under our share repurchase program may be made at our discretion from time to time on the open market, subject to applicable laws, including pursuant to a repurchase plan administered in accordance with Rule 10b5-1 under the Exchange Act, or through privately negotiated transactions or accelerated share repurchases or other structured transactions.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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