Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES
On May 3, 2023 our Board of Directors terminated the previous share repurchase program and authorized a new share repurchase program for the purchase of up to $500.0 million (exclusive of fees, commissions, and other charges). As of June 30, 2025, there was $300.0 million (exclusive of fees, commissions, and other charges) of remaining availability under the Board authorized share repurchase program. The share repurchase program has no specified expiration date.
Under the May 3, 2023 share repurchase program, the Company may repurchase its shares from time to time through open market purchases, including 10b5-1 plans. Any share repurchases may be activated, suspended or discontinued at any time.
During the first three months of fiscal 2026, we had no share repurchase activity pursuant to share repurchase program authorizations.
During the first three months of fiscal 2026, we obtained 0.1 million of our ordinary shares in the aggregate amount of $10.6 million in connection with share-based compensation award programs.
The following table summarizes the ordinary shares repurchase activity during the first quarter of fiscal 2026 under our ordinary share repurchase program:
(in millions)
Total Number of
Shares Purchased
Average Price Paid
Per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans
Maximum Dollar Value of Shares that May Yet Be Purchased Under the
Plans at Period End
April 1-30 — $ — — $ 300.0
May 1-31 — — — 300.0
June 1-30 — — — 300.0
Total — (1) $ — (1) — $ 300.0
(1) Does not include eight shares purchased during the quarter at an average price of $241.06 per share by the STERIS Corporation 401(k) Plan on behalf of an executive officer of the Company who may be deemed to be an affiliated purchaser.
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