NOVANTA INC 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds The following table sets forth certain information with respect to repurchases of the Company’s common shares during the three months ended July 1, 2022. 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 ( 1)(2) Approximate Dollar Value That May Yet Be Purchased Under the Plans or Programs ( 1) April 2 - April 29, 2022 — $ — — $ 59,500,104 April 30 - June 3, 2022 62,181 $ 118.77 62,181 $ 52,114,867 June 4 - July 1, 2022 21,945 $ 119.15 21,945 $ 49,500,120 Total 84,126 84,126 (1) In October 2018, our Board of Directors approved the 2018 Repurchase Plan, authorizing the repurchase of $25.0 million worth of common shares. During the six months ended July 1, 2022, we repurchased 80 thousand shares under the 2018 Repurchase plan for an aggregate purchase price of $9.5 million and an average price of $118.97 per share. As of July 1, 2022, we had repurchased a cumulative total of 264 thousand shares under the 2018 Repurchase Plan for an aggregate purchase price of $25.0 million and an average price of $94.57 per share. As of July 1, 2022, we had completed the 2018 Repurchase Plan. (2) In February 2020, our Board of Directors approved the 2020 Repurchase Plan, authorizing the repurchase of an additional $50.0 million worth of common shares. During the six months ended July 1, 2022, we repurchased 4 thousand shares under the 2020 Repurchase Plan for an aggregate purchase price of $0.5 million and an average price of $116.95 per share. We had $49.5 million available for share repurchases under the 2020 Repurchase Plan as of July 1, 2022. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures None.