Company: BKR
Filing Date: 2025-02-04
Form Type: 10-K
Source: 0001701605-25-000035
Chunk: 124

Company: Baker Hughes Co
Filing Date: 2025-02-04
Form: 10-K
Item: Item 5
Chunk 124
---
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our Class A common stock, $0.0001 par value per share, is traded on the Nasdaq Global Select Market under the ticker symbol 'BKR'. As of January 22, 2025, there were approximately 5,404 stockholders of record.

The following table contains information about our purchases of Class A common stock equity securities during the fourth quarter of 2024.

Issuer Purchases of Equity Securities

PeriodTotal Numberof SharesPurchased (1)AveragePrice PaidPer Share (2)Total Number of Shares Purchased as Part of a Publicly AnnouncedProgram (3) (4)Approximate Dollar Valueof Shares that May Yet BePurchased Under the Program (3) (4)October 1-31, 20244,340 $37.00 — $1,741,865,699 November 1-30, 202428,480 38.44 — $1,741,865,699 December 1-31, 2024231,605 39.97 221,371 $1,733,029,749 Total264,425 $39.76 221,371 

(1)Represents Class A common stock purchased from employees to satisfy the tax withholding obligations primarily in connection with the vesting of restricted stock units.

(2)Average price paid for Class A common stock purchased from employees to satisfy the tax withholding obligations in connection with the vesting of restricted stock units and shares purchased in the open market under our publicly announced purchase program.

(3)On July 30 2021, the Board authorized the Company to repurchase up to $2 billion of its Class A common stock. On October 27, 2022, the Board authorized an increase to our repurchase program of $2 billion of additional Class A common stock, increasing its existing repurchase authorization of $2 billion to $4 billion. The repurchase program may be suspended or discontinued at any time and does not have a specified expiration date. During the three months ended December 31, 2024, our agents repurchased a number of our Class A common stock that complied with Rule 10b-18 of the Exchange Act.

(4)During the three months ended December 31, 2024