PYXUS INTERNATIONAL, INC. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities During the three months ended September 30, 2024, the Company repurchased the following shares of its common stock: Total Number of Shares Purchased Average Price Paid per Share 1 Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs 2 July 1, 2024 - July 31, 2024 — $ — — $ — August 1, 2024 - August 31, 2024 392,156 2.55 — — September 1, 2024 - September 30, 2024 — — — — Total 392,156 $ 2.55 — — 1 Price paid per share includes broker commission fees of $0.05 per share. 2 On August 15, 2024, the Board of Directors authorized a program to repurchase up to $10,000,000 plus fees and expenses of our common stock in the open market or through privately negotiated transactions, subject to limitations under the Company's debt agreements (which currently limit the aggregate amount that may be applied to repurchase shares of common stock to $1,000,000). This program expires on August 15, 2027. The number, price, structure and timing of share repurchases will be at the Company's sole discretion, and future repurchases of our common stock are dependent on market conditions, liquidity needs, and certain restrictions under our debt arrangements, among other factors. No cash dividends on shares of common stock of Pyxus International, Inc. were paid to shareholders during the six months ended September 30, 2024. As of September 30, 2024, the payment of such dividends is restricted under the terms of our debt agreements.