Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuance of Equity Securities
On May 30, 2025, the Company issued 468,525 shares of ServiceNow common stock as partial consideration for the acquisition of Logik.io Inc., of which 39,757 shares are subject to revesting upon continued service by the holders. The shares were issued in reliance upon the exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D promulgated thereunder.
Purchases of Equity Securities
Share repurchases of the Company’s common stock for the three months ended June 30, 2025 were as follows:
Total Number of Shares Purchased as Part of Publicly Announced Program
(in thousands)
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)
(in billions)
Period Total Number of Shares Purchased
(in thousands)
Average Price Paid Per Share
April 1 - 30
88 $ 774.49 88 $ 2.90
May 1 - 31
240 998.31 240 2.66
June 1 - 30
53 1,003.99 53 2.61
Second Quarter 2025
381 $ 947.39 381 $ 2.61
(1) On May 16, 2023, the board of directors authorized a program to repurchase up to $1.5 billion of the Company’s common stock. In January 2025, our board of directors authorized an additional $3.0 billion in repurchases under the share repurchase program.
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