Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 111

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 111
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 terminating certain existing bilateral or multi-lateral trade agreements. Recently, the U.S. government has enacted, and continues to enact, a series of new tariffs, including a tariff on all imports and additional “reciprocal” tariffs targeting imports from specified countries.

The tariff policy environment has been and is expected to continue to be dynamic. The ultimate impact of these newly enacted and potential future tariffs or other restrictions on international trade will depend on various factors, including the ultimate level of tariffs, the duration such tariffs remain in place, and how other countries respond to U.S. tariffs. While we source most of our raw materials domestically in the U.S., we source certain components from foreign suppliers. Therefore, tariffs or other trade restrictions could increase the cost of certain products and the components that go into making them. These increased costs could adversely impact the gross margin that we earn on such products, which in turn could have an adverse effect on our business, financial condition and results of operations.

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds.

The following table sets forth repurchases of our common stock during the six month period ended June 28, 2025:

(amounts in millions, except share and per share data)Total number of shares purchased(1)Average price paid per share(2)Total number of shares purchased as part of the publicly announced programApproximate dollar value of shares that may yet to be purchased under programDecember 29, 2024 - January 25, 2025— $— — $— January 26, 2025 - February 22, 2025— — — — February 23, 2025 - March 29, 2025621,643 8.02 621,643 16.3 March 30, 2025 - April 26, 2025— — — — April 27, 2025 - May 24, 2025569,766 8.22 1,191,409 86.6 May 25, 2025 - June 28, 2025651,906 8.11 1,843,315 81.3 Total1,843,315 $8.13 1,843,315 $81.3 

(1)On February 28, 2024, we announced that the Board of Directors authorized a share repurchase program, pursuant