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Holders of Record
−Removed: As of March 4, 2024, Mattel had approximately 15,000 holders of record of its common stock.
+Added: As of February 6, 2025, Mattel had approximately 14,000 holders of record of its common stock.
See Part II, Item 8 "Financial Statements and Supplementary Data—Note 7 to the Consolidated Financial Statements —Stockholders' Equity—Dividends."
−Removed: Recent Sales of Unregistered Securities
−Removed: During the fourth quarter of 2023, Mattel did not sell any unregistered securities.
+Added: Recent Sales of Unregistered Equity Securities
+Added: During the fourth quarter of 2024, Mattel did not sell any unregistered equity securities.
Issuer Purchases of Equity Securities
During 2024, Mattel repurchased 21.0 million shares of its common stock at a cost of $400.0 million.
−Removed: During 2022 and 2021, Mattel did not repurchase any shares of its common stock.
+Added: During 2023, Mattel repurchased 10.4 million shares of its common stock at a cost of $203.0 million.
+Added: During 2022, Mattel did not repurchase any shares of its common stock.
The following table provides certain information with respect to Mattel's purchases of its common stock during the fourth quarter of 2024:
Total Number of Shares Purchased (a) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (b)
+Added: (In millions)
October 1 - 31 1,122,377 $ 19.66 1,119,197 $ 709.7
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(a) The total number of shares purchased includes 8,821 shares withheld from employees to satisfy minimum tax withholding obligations that occur upon settlement of equity awards, which were not purchased as part of a publicly announced repurchase plan or program.
−Removed: (b) Mattel's share repurchase program was first announced on July 21, 2003.
−Removed: On July 17, 2013, the Board of Directors approved a $500.0 million increase to Mattel's share repurchase authorization and, as of December 31, 2023, such authorization was exhausted.
−Removed: On February 5, 2024, the Board of Directors authorized a new $1.00 billion share repurchase program.
−Removed: During February 2024, Mattel executed $100.0 million of share repurchases under the new program.
−Removed: Repurchases under the program will take place from time to time, depending on market conditions.
+Added: (b) On February 5, 2024, the Board of Directors authorized a $1.00 billion share repurchase program.
+Added: As of December 31, 2024, Mattel had a remaining authorization of $600.0 million under the program.
+Added: Repurchases under the share repurchase program will take place from time to time, depending on market conditions.
Mattel's share repurchase program has no expiration date.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.