Company: CLX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001552781-25-000311
Chunk: 70

Company: CLOROX CO /DE/
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 70
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 and timing of operating cash flows and payments for items such as dividends, income taxes and stock repurchases. The average balance of short-term

borrowings outstanding was $105 and $168 for the fiscal years ended June 30, 2025 and 2024, respectively. Long-term Borrowings Long-term borrowings, consisting of senior unsecured notes and debentures, were $2,484 and $2,481 as of June 30, 2025 and 2024, respectively. Stock Repurchases and Dividend Payments As of June 30, 2025, the Company had two stock repurchase programs: an open-market purchase program with an authorized aggregate purchase amount of up to $2,000, which has no expiration date and was authorized by the Board of Directors in May 2018, and a program to offset the anticipated impact of dilution related to stock-based awards (the Evergreen Program), which has no authorization limit on the dollar amount and no expiration date. During the fiscal year ended June 30, 2025, the Company repurchased 2,260 thousand shares of common stock at a cost of $332. There were no share repurchases of common stock during the fiscal year ended June 30, 2024. Dividends per share and total dividends paid to Clorox stockholders were as follows during the fiscal years ended June 30:

|                              |   2025 |   2024 |
| Dividends per share declared | $ 4.88 | $ 4.80 |
| Dividends per share paid     |   4.88 |   4.80 |
| Total dividends paid         |    602 |    595 |

On July 30, 2025, the Company declared a 2% increase in the quarterly dividend, from $1.22 to $1.24 per share, payable on August 29, 2025 to common stockholders of record as of the close of business on August 13, 2025. On July 30, 2024, the Company declared a 2% increase in the quarterly dividend, from $1.20 to $1.22 per share, payable on August 30, 2024 to common stockholders of record as of the close of business on August 14, 2024.

| The                                              
 Clorox Company 2025 Proxy Statement > Appendix A | A-10 |

Material Cash Requirements The following table summarizes the Company