Item 2. Unregistered Sales of Equity Securities
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Purchases of Equity Securities by the Registrant
The following table provides information on our share repurchases during the quarter ended March 31, 2026:
Issuer Purchases of Equity Securities
Period Total Number
of Shares Purchased Average Price
Paid Per Share (1)
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (1)
January 1, 2026 – January 31, 2026 577,438 $ 21.61 577,438 $ 137,518,643
February 1, 2026 – February 28, 2026 623,899 $ 22.06 623,899 $ 123,756,124
March 1, 2026 – March 31, 2026 1,043,216 $ 22.77 1,043,216 $ 99,998,365
Total 2,244,553 $ 22.28 2,244,553 $ 99,998,365
(1) The average price paid per share excludes less than $0.1 million of broker fees and $0.4 million of excise tax incurred on share repurchases for the three months ended March 31, 2026. The remaining authorization outstanding for repurchases of common stock also excludes the broker fees and excise tax incurred.
(2) Our Board of Directors has authorized the repurchase of common stock under a share repurchase program adopted and announced in April 2025. The share repurchase program authorizes the Company to purchase up to an aggregate of $300.0 million of the Company’s outstanding common stock. Repurchases under this program may be made at management’s discretion on the open market or through privately negotiated transactions, including plans that comply with Rule 10b5-1 under the Exchange Act. The share repurchase program may be suspended or discontinued at any time by the Company and has an expiration date of December 31, 2026.
The timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors, including our stock price, corporate and regulatory requirements, tax implications, restrictions under our debt obligations, other uses for capital, impacts on the value of remaining shares, and market and economic conditions.
Refer to Note 11, Stockholders’ Equity , to our condensed consolidated financial statements included herein for more information on our share repurchases.
Item 3. DEFAULTS UPON SENIOR SECURITIES
None.
Item 4. MINE SAFETY DISCLOSURES
Not applicable.
Pacira BioSciences, Inc. | Q1 2026 Quarterly Report on Form 10-Q | 48
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