Company: ZM
Filing Date: 2025-05-23
Form Type: 10-Q
Source: 0001585521-25-000090
Chunk: 154

Company: Zoom Communications, Inc.
Filing Date: 2025-05-23
Form: 10-Q
Item: Part I, Item 4
Chunk 154
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 the business of our customers, and may cause us to experience losses and additional costs to maintain or resume operations. In addition, we may be subject to increased regulations, reporting requirements, standards or expectations regarding the environmental impacts of our business.

Item 2.    UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity Securities

The following table presents information with respect to our repurchases of Class A common stock during the three months ended April 30, 2025:

PeriodTotal Number of Shares Purchased(1)Average Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Program(1)Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Program (in thousands)(1)February 1 – 28, 2025655,645$86.10 655,645$1,549,669 March 1 – 31, 20252,229,345$75.34 2,229,345$1,381,705 April 1 – 30, 20252,676,930$72.32 2,676,930$1,188,101 Total5,561,920$75.16 5,561,920

(1) In February 2024, our Board of Directors authorized a stock repurchase program of up to $1.5 billion of our Class A common stock, which we publicly announced on February 26, 2024. In November 2024, our Board of Directors authorized the repurchase of up to an additional $1.2 billion of our outstanding Class A common stock, which we publicly announced on November 25, 2024. Repurchases of our Class A common stock may be effected, from time to time, either on the open market (including pre-set trading plans), in privately negotiated transactions, and other transactions in accordance with applicable securities laws. The repurchase program does not obligate us to acquire any particular amount of Class A common stock, and the repurchase program may be suspended or discontinued at any time at our discretion. See Note 7 "Stockholders’ Equity and Equity Incentive Plans" of this Quarterly Report on Form 10-Q for additional information related to share repurchases. All shares purchased reported in this column were purchased pursuant to our publicly announced stock repurchase program.

Item 3.    DEFAULTS UPON SENIOR SECURITIES