Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 152

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 1A
Chunk 152
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(2)Total 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(1)July 1 - 31, 2025— $— — $111,217 August 1 - 31, 20251,358 $51.86 1,358 $40,808 September 1 - 30, 2025790 $53.90 790 $198,224 Total2,148 2,148 

(1) On November 17, 2024, our Board of Directors (the “Board”) authorized the repurchase of up to $200 million of our common stock. On September 4, 2025, our Board approved an increase to our stock buyback program of an additional $200 million, for a total overall authorization to repurchase up to $400 million of our common stock. Our Board also approved the elimination of the expiration date of the program, which was previously set to expire on March 31, 2027. 

Repurchases may be made from time to time through open market repurchases or through privately-negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 of the Securities Exchange Act of 1934, as amended. We may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of our shares under this authorization. The repurchase program does not obligate us to acquire any particular amount of our common stock, and it may be suspended at any time, in our discretion. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.

(2) Average price paid per share excludes cash paid for commissions.

Item 5.    Other Information

No officers or directors, as defined in Rule 16a-1(f), adopted, modified, or terminated a Rule10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as defined in Regulation S-K Item 408, during the quarter ended September 30, 2025.

Item 6.    Exhibits

The documents listed in the Exhibit Index of this Quarterly Report on Form