Company: KELYB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000055135-25-000080
Chunk: 57

Company: KELLY SERVICES INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part II, Item 2
Chunk 57
---
Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.

(c) Issuer Repurchases of Equity Securities

During the third quarter of 2025, we reacquired shares of our common stock as follows:PeriodTotal Numberof Shares(or Units)PurchasedAveragePrice Paidper Share(or Unit)Total Numberof Shares (orUnits) Purchasedas Part of PubliclyAnnounced Plansor ProgramsMaximum Number(or ApproximateDollar Value) ofShares (or Units)That May Yet BePurchased Under thePlans or Programs(in millions)June 30, 2025 through August 3, 20252,694 $12.08 — $40.0 August 4, 2025 through August 31, 20255,816 14.03 — $40.0 September 1, 2025 through September 28, 2025393 13.78 — $40.0 Total8,903 $13.43 —  

On November 26, 2024, our board of directors approved a share repurchase program for us to repurchase shares covering up to an aggregate of $50.0 million of our Class A common stock.  The share repurchase authorization expires on December 2, 2026.  We may also reacquire shares sold to cover employee tax withholdings due upon the vesting of restricted stock held by employees.  Accordingly, 8,903 shares were reacquired during the third quarter of 2025.

Item 5.  Other Information.

Securities Trading Plans of Directors and Executive Officers

During the third quarter of 2025, none of our directors or executive officers adopted, modified 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) or any “non-Rule 10b5-1 trading arrangement.”

43 

Item 6.  Exhibits.

Exhibit No.Description3.1Amended and Restated Certificate of Incorporation, effective May 14, 2024 (Reference is made to Exhibit 3.1 to the Form 8-K filed with the Commission on May 14, 2024, which is incorporated herein by reference).3.2By-laws, effective November 6, 2018 (Reference is made to Exhibit 3.1 to the