Company: CRL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001100682-25-000011
Chunk: 94

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 5
Chunk 94
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Item 5.    Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 

Our common stock began trading on the New York Stock Exchange on June 23, 2000 under the symbol “CRL.” There were no equity securities that were not registered under the Securities Act of 1933, as amended, sold during fiscal year 2024.

Shareholders

As of January 25, 2025, there were 63 registered shareholders of the outstanding shares of common stock.

Issuer Purchases of Equity Securities

The following table provides information relating to our purchases of shares of our common stock during the fourth quarter of fiscal 2024:

Total Numberof SharesPurchasedAveragePrice Paidper ShareTotal Number ofShares Purchasedas Part of PubliclyAnnounced Plansor ProgramsApproximate DollarValue of SharesThat May Yet BePurchased Under thePlans or Programs(in thousands)September 29, 2024 to October 26, 2024198 $194.96 — $899,326 October 27, 2024 to November 23, 2024— — — 899,326 November 24, 2024 to December 28, 2024430 199.06 — 899,326 Total628 —  

On August 2, 2024, the Company’s Board of Directors approved a stock repurchase authorization of $1.0 billion. This authorization fully replaces a prior stock repurchase authorization of $1.3 billion that had $129.1 million remaining when it was terminated. In fiscal year 2024, the Company repurchased 0.5 million shares of common stock for $100.7 million under the new stock repurchase program. As of December 28, 2024, the Company had $899.3 million remaining on the current authorized stock repurchase program.

Additionally, our stock-based compensation plans permit the netting of common stock upon vesting of restricted stock, restricted stock units, and performance share units in order to satisfy individual statutory tax withholding requirements.

Comparison of 5-Year Cumulative Total Return

The following stock performance graph compares the annual percentage change in the Company’s cumulative total shareholder return on its Common Stock during a period commencing on December 28, 2019 and ending on December 28, 2024 (as measured by dividing (1) the sum of (A) the cumulative amount of dividends for the measurement