Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(c) Issuer Purchases of Equity Securities
Period Total Number of
Shares
Purchased Average Price Paid
Per Share Total Number of
Shares Purchased
As Part of Publicly
Announced Plans or
Programs Maximum Number
of Shares
That May Yet Be
Purchased Under
the Plans or
Programs
January 2025 8,925 $ 165.50 8,925 1,023,438
February 2025 34,419 162.47 34,250 995,881
March 2025 71,609 157.43 18,950 1,091,225
The share repurchase program authorizes up to $200.0 million in repurchases of MSA common stock in the open market and in private transactions. The share repurchase program has no expiration date. The maximum number of shares that may be purchased is calculated based on the dollars remaining under the program and the respective month-end closing share price. There were 62,125 shares repurchased for $10.0 million during the quarter ended March 31, 2025, under this program. We do not have any other share repurchase programs.
The shares purchased during the quarter, excluding those related to the share repurchase program, are related to stock-based compensation transactions.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.