MODINE MANUFACTURING CO 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. ISSUER PURCHASES OF EQUITY SECURITIES The following describes the Company’s purchases of common stock during the first quarter of fiscal 2027: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Maximum ​ ​ ​ ​ ​ ​ ​ ​ ​ Number (or ​ ​ ​ ​ ​ ​ ​ Total Number of ​ Approximate Dollar ​ ​ ​ ​ ​ ​ ​ Shares Purchased ​ Value) of Shares ​ ​ ​ ​ Average ​ as Part of Publicly ​ that May Yet Be ​ ​ Total Number of ​ Price Paid ​ Announced Plans ​ Purchased Under the Period ​ Shares Purchased ​ Per Share ​ or Programs ​ Plans or Programs (a) April 1 - April 30, 2026 2,551 (b) ​ $ 253.66 — ​ $ 81,600,955 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ May 1 - May 31, 2026 216,511 (b) ​ $ 294.56 — ​ $ 81,600,955 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 1 - June 30, 2026 605 (b) ​ $ 278.82 — ​ $ 81,600,955 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total 219,667 ​ $ 294.05 — ​ ​ ____ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Effective March 7, 2025, the Company’s Board of Directors authorized the Company to repurchase up to $100.0 million of Modine common stock at such times and prices that it deems to be appropriate. This share repurchase authorization does not expire. (b) Includes shares delivered back to the Company by employees and/or directors to satisfy tax withholding obligations that arise upon the vesting of stock awards. The Company, pursuant to its equity compensation plans, gives participants the opportunity to turn back to the Company the number of shares from the award sufficient to satisfy tax withholding obligations that arise upon the termination of restrictions. These shares are held as treasury shares.