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CHARLES RIVER LABORATORIES INTERNATIONAL INC

For the period ended Mar 30, 2024. Filed May 9, 2024.

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About 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 30, 2024 · Filed May 9, 2024

CRL$353.34+4.7%Stored close · as of Nov 9, 2026

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Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for fiscal year 2023, which could materially affect our business, financial condition, and/or future results. The risks described in our Annual Report on Form 10-K are not the only risks we face.

Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition, and/or operating results. There have been no material changes to the risk factors set forth in our Annual Report on Form 10-K for fiscal year 2023.

The following table provides information relating to the purchases of shares of our common stock during the three months ended March 30, 2024.

Total Numberof SharesPurchased · AveragePrice Paidper Share · Total Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs · Approximate DollarValue of SharesThat May Yet BePurchased Underthe Plans or Programs
(in thousands)
December 31, 2023 to January 27, 20245,418$213.32—$129,105
January 28, 2024 to February 24, 202436,482221.71—129,105
February 25, 2024 to March 30, 202426254.19—129,105
Total41,926—

Our Board of Directors have authorized up to an aggregate amount of $1.3 billion for our stock repurchase program. During the three months ended March 30, 2024, we did not repurchase any shares of common stock under our stock repurchase program or in open market trading. As of March 30, 2024, we had $129.1 million remaining on the authorized stock repurchase program.

Additionally, our stock-based compensation plans permit the netting of common stock upon vesting of restricted stock, restricted stock units, and performance share units in order to satisfy individual statutory tax withholding requirements.

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