Woodward, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Sales of Unregistered Securities None. Issuer Purchases of Equity Securities (In thousands, except for shares and per share amounts) Total Number of Shares Purchased Weighted Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) Maximum Number (or Approximate Dollar Value) of Shares that may yet be Purchased under the Plans or Programs at Period End (1) January 1, 2025 through January 31, 2025 (2) 81,176 $ 172.27 81,037 $ 159,750 February 1, 2025 through February 28, 2025 (2) 81,082 190.75 81,037 144,292 March 1, 2025 through March 31, 2025 (2) 81,037 180.21 81,037 129,689 (1) In January 2024, the Board authorized a program for the repurchase of up to $600,000 of Woodward’s outstanding shares of common stock on the open market or in privately negotiated transactions over a three-year period ending in January 2027. (2) Under a trust established for the purposes of administering the Woodward Executive Benefit Plan, 139 shares of common stock were acquired in January 2025 on the open market related to the deferral of compensation by certain eligible members of Woodward’s management who irrevocably elected to invest some or all of their deferred compensation in Woodward common stock. In addition, 45 shares of common stock were acquired in February 2025 on the open market related to the reinvestment of dividends for shares of treasury stock held for deferred compensation. Shares owned by the trust, which is a separate legal entity, are included in "Treasury stock held for deferred compensation" in the Condensed Consolidated Balance Sheets.