Company: LW
Filing Date: 2025-07-23
Form Type: 10-K
Source: 0001679273-25-000049
Chunk: 80

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-07-23
Form: 10-K
Item: Item 5
Chunk 80
---
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our common stock is listed on the New York Stock Exchange under the ticker symbol “LW.” At July 17, 2025, there were 9,362 holders of record of our common stock. The majority of holders of Lamb Weston common stock are “street name” or beneficial holders, whose shares of record are held by banks, brokers, and other financial institutions. 

Dividends

Our Board intends to continue to consider declaring and paying dividends on Lamb Weston common stock based on our financial condition and results of operations, as well as applicable covenants under our debt agreements. However, our Board has no obligation under Delaware law or our amended and restated certificate of incorporation to declare or pay dividends, and dividends on Lamb Weston common stock are limited to legally available funds.

Purchases of Equity Securities by the Issuer

The following table presents information related to total shares purchased during the periods presented below:

PeriodTotal Numberof Shares (orUnits)Purchased (a)AveragePrice PaidPer Share(or Unit)Total Number ofShares (or Units)Purchased as Part ofPublicly AnnouncedPlans or Programs (b)Approximate DollarValue of MaximumNumber of Shares thatMay Yet be PurchasedUnder Plans or Programs(in millions) (b)February 24, 2025 through March 23, 2025957$52.73 0$458 March 24, 2025 through April 20, 2025595,178$54.61 584,451$426 April 21, 2025 through May 25, 20251,313,220$51.88 1,310,777$358 Total1,909,355

_____________________________________________________

(a)Represents repurchased shares of our common stock under our publicly announced share repurchase program, which were repurchased at a weighted average price of $52.76 per share, and shares withheld from employees to cover income and payroll taxes on equity awards that vested during the period.

(b)On December 19, 2024, we announced that the Board increased our total share repurchase authorization under our existing $500 million share repurchase program (originally announced in 2018 and amended in 2021) by $250 million to an aggregate amount of $750 million. As of May 25,