VALMONT INDUSTRIES INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Purchases of Equity Securities by the Issuer and Affiliated Purchasers ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total number of ​ Approximate dollar ​ ​ ​ ​ ​ ​ ​ shares purchased ​ value of shares that ​ ​ Total number ​ Average ​ as part of publicly ​ may yet be purchased ​ ​ of shares ​ price paid ​ announced plans ​ under the plans Period ​ ​ ​ purchased ​ ​ ​ per share ​ ​ ​ or programs ​ ​ ​ or programs (1) December 28, 2025 to January 24, 2026 44,361 ​ $ 425.36 44,361 ​ $ 548,234,000 January 25, 2026 to February 28, 2026 38,795 ​ ​ 454.82 38,795 ​ ​ 530,589,000 March 1, 2026 to March 28, 2026 48,041 ​ ​ 417.08 48,041 ​ 510,551,000 Total 131,197 ​ $ 431.04 131,197 ​ $ 510,551,000 (1) In February 2025, the Board of Directors increased the authorized capacity under our share repurchase program by $700.0 million, bringing the total authorization to $2.1 billion, with no stated expiration date. We are not obligated to make repurchases and may discontinue the program at any time. Any purchases will be funded through available liquidity and ongoing cash flows, and will be made subject to prevailing market and economic conditions. As of March 28, 2026, we had approximately $510.6 million of remaining capacity under the share repurchase program. Since the program’s inception in May 2014, we have repurchased approximately 9.0 million shares for a total of $1.6 billion. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. MINE SAFETY DISCLOSURES Not applicable. 28 Table of Contents