Adeia Inc
For the period ended Mar 31, 2025. Filed May 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
Items 2(a) and 2(b) are not applicable.
(c) Stock Repurchases
The following table summarizes repurchases of our common stock during the three months ended March 31, 2025:
| Total number ofshares purchased | Average pricepaid per share | Total number of shares purchased as part of our share repurchase program (1) | Approximate dollar value of shares that may yet be purchased under our share repurchase program (1) | |
|---|---|---|---|---|
| (in thousands, except share price) | ||||
| January 1, 2025 – January 31, 2025 | 505 | 13.32 | 505 | 6,725 |
| February 1, 2025 – February 28, 2025 | 254 | 12.94 | 254 | 3,286 |
| March 1, 2025 – March 31, 2025 | — | — | — | — |
| Total | 759 | $13.19 | 759 | $10,011 |
(1) In October 2024, our Board approved an increase of the existing share repurchase authorization up to a total of $200.0 million. The stock repurchases may be made from time to time, through solicited or unsolicited transactions in the open market, in privately negotiated transactions, or pursuant to a Rule 10b5-1 plan. There is no guarantee that such repurchases under the program will enhance the value of our stock. As of March 31, 2025, the total remaining amount available for repurchase under the Plan was $170.0 million.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.