Company: ST
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001477294-25-000119
Chunk: 37

Company: Sensata Technologies Holding plc
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 37
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 as treasury shares on our consolidated balance sheets, resulting in a reduction of shareholders' equity. In September 2023, our Board of Directors authorized a $500.0 million ordinary share repurchase program (the “September 2023 Program”), which became effective on October 1, 2023.In the three months ended June 30, 2025, we repurchased 0.7 million ordinary shares for $20.1 million, under the September 2023 Program. In the three months ended June 30, 2024, we did not purchase any shares under our share repurchase program. In the six months ended June 30, 2025 and 2024, we repurchased 4.2 million and 0.3 million ordinary shares, respectively, for $120.6 million and $10.1 million, respectively. All share repurchases in the three and six months ended June 30, 2025 and 2024 were made under the September 2023 Program. As of June 30, 2025, $282.4 million remained available for repurchase under the September 2023 Program.Accumulated Other Comprehensive LossThe following table presents the components of accumulated other comprehensive loss for the six months ended June 30, 2025:Cash Flow HedgesDefined Benefit and Retiree Healthcare PlansCumulative Translation AdjustmentAccumulated Other Comprehensive LossBalance as of December 31, 2024$(7,913)$(11,690)$(22,940)$(42,543)Other comprehensive (loss)/income before reclassifications, net of tax(9,224)— 13,677 4,453 Reclassifications from accumulated other comprehensive loss, net of tax2,425 504 — 2,929 Other comprehensive (loss)/income(6,799)504 13,677 7,382 Balance as of June 30, 2025$(14,712)$(11,186)$(9,263)$(35,161)

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The following table presents the amounts reclassified from accumulated other comprehensive loss for the three and six months ended June 30, 2025 and 2024:For the three months ended June 30, For the six months ended June 30, Affected Line in Condensed Consolidated Statements of OperationsComponent2025202420252024Derivative instruments designated and qualifying as cash flow hedges:Foreign currency forward contracts $764 $(762)