Company: ST
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001477294-25-000022
Chunk: 85

Company: Sensata Technologies Holding plc
Filing Date: 2025-02-28
Form: 10-K
Item: Item 5
Chunk 85
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 negotiated transactions, provided that such transactions were completed pursuant to an agreement and with a third party approved by our shareholders at the annual general meeting. 

On January 20, 2022, our Board of Directors authorized a $500.0 million ordinary share repurchase program (the “January 2022 Program”), which replaced the previous $500.0 million program approved in July 2019. On September 26, 2023, our Board of Directors authorized a new $500.0 million ordinary share repurchase program (the "September 2023 Program"), which replaced the January 2022 Program and became effective on October 1, 2023. The form of the September 2023 Program was approved by shareholders on May 25, 2023. The September 2023 Program does not have an established expiration date. The process or criteria used to determine the amount of repurchases is an ongoing and frequent review of our capacity of available cash and our overall capital allocation priorities.

Issuer purchase of Equity Securities

PeriodTotal Number of Shares Purchased(in shares) (1)Weighted-Average PricePaid per ShareTotal Number ofShares Purchased as Part of PubliclyAnnounced Plan or Programs (in shares)(2)Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan or Programs (in millions) (2)October 1 through October 31, 2024606,341 $35.44 567,066 $403.0 November 1 through November 30, 20247,677 $32.43 — $403.0 December 1 through December 31, 202410,240 $27.70 — $403.0 Quarter total624,258 $35.27 567,066 $403.0 

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(1)     The number of ordinary shares presented includes ordinary shares that were withheld to cover payment of employee withholding tax upon the vesting of restricted securities. These withholdings took place outside of a publicly announced repurchase plan. There were 39,275, 7,677, and 10,240 ordinary shares withheld in October 2024, November 2024, and December 2024, respectively, representing a total aggregate fair value of $1.9 million based on the closing price of our ordinary shares on the date of withholdings.

(2)     All purchases during