Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
A summary of the share repurchase activity for the company’s first quarter of 2024 follows:
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) Maximum dollar amount of shares that may yet be purchased under the plans or programs (1)(2)
(in millions)
Fiscal January (Jan. 1 - Feb. 3) 5,523,139 $ 543.17 5,523,139 $ 1,000
Fiscal February (Feb. 4 - Mar. 2) — — — 1,000
Fiscal March (Mar. 3 - Mar. 30) — — — 1,000
Total first quarter 5,523,139 $ 543.17 5,523,139 $ 1,000
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THERMO FISHER SCIENTIFIC INC.
(1) Amounts exclude excise taxes and other transaction costs.
(2) On November 14, 2023, the Board of Directors announced that it replaced the existing authorization to repurchase the company’s common stock, of which $1.00 billion was remaining, with a new authorization to repurchase up to $4.00 billion of the company’s common stock. All of the shares of common stock repurchased by the company during the first quarter of 2024 were under this program.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.