WERNER ENTERPRISES INC 10-Q

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities. On November 9, 2021, our Board of Directors approved and announced a new stock repurchase program under which the Company is authorized to repurchase up to 6,000,000 shares of its common stock. As of March 31, 2024, the Company had purchased 3,856,008 shares pursuant to this authorization and had 2,143,992 shares rem aining available for repurchase. The Company may purchase shares from time to time depending on market, economic, and other factors. The authorization will continue unless withdrawn by the Board of Directors. The following table summarizes our stock repurchases during first quarter 2024 made pursuant to this authorization. The Company did not purchase any shares during first quarter 2024 other than pursuant to this authorization. All stock repurchases were made by the Company or on its behalf and not by any “affiliated purchaser,” as defined by Rule 10b-18 of the Exchange Act. 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 Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2024 — $ — — 2,311,810 February 1-29, 2024 — $ — — 2,311,810 March 1-31, 2024 167,818 $ 38.64 167,818 2,143,992 Total 167,818 $ 38.64 167,818 (1) Average price paid per share for open market purchases include broker commissions, but exclude excise tax.