Company: PAYX
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001193125-25-328698
Chunk: 2

Company: PAYCHEX INC
Filing Date: 2025-12-22
Form: 10-Q
Item: Part II, Item 2
Chunk 2
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The Company maintains a program to repurchase up to $400.0 million of the Company’s common stock with authorization that expires on May 31, 2027. The purpose of this program is to manage common stock dilution. Shares repurchased under this program during the second quarter were as follows:

     In millions, except per share amounts
      
     Totalnumberof sharespurchased

     Averageprice paidper share

     Total dollars

     Approximate dollar valueof shares that may yet bepurchased underthe programs

     September 1, 2025 - September 30, 2025
      
     $
      
     —

     $
      
     —

     $
      
     —

     $
      
     135.9

     October 1, 2025 - October 31, 2025

     1.0

     122.54

     126.5

     $
      
     9.4

     November 1, 2025 - November 30, 2025

     —

     —

     —

     $
      
     9.4

     Total for the period

     1.0

     $
      
     122.54

     $
      
     126.5

     $
      
     9.4

Item 5. Other Information

During the second quarter, none of our directors or officers (as defined by Rule 16a-1 under the Exchange Act), adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any “non-Rule 10b5-1 trading arrangement” (as defined by Item 408(c) of Regulation S-K).

Item 6. Exhibits

INDEX TO EXHIBITS

     Exhibitnumber
     Description

     *
     31.1
     Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

     *
     31.2
     Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

     *
     32.1
     Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

     *
     32.2
     Certification pursuant