Company: BHE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000950170-25-061313
Chunk: 2

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1A
Chunk 2
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There have been no material changes to the risk factors previously disclosed in Part I, Item 1A of our 2024 10-K.

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds 

(c) 	The following table provides information for the three months ended March 31, 2025 about the Company’s repurchases of its equity securities registered pursuant to Section 12 of the Exchange Act:

     (d)

     (c)

     Maximum

     Total

     Number (or

     Number of

     Approximate

     Shares (or Units)

     Dollar Value) of

     (a)

     Purchased as

     Shares (or Units)

     Total

     (b)

     Part of Publicly

     that May Yet Be

     Number of

     Average Price

     Announced

     Purchased Under

     Shares (or Units)

     Paid per Share

     Plans or

     the Plans or

     (amounts in millions, except share and per share data)
      
     Purchased

     (or Unit)

     Programs

     Programs (1)

     January 1 to 31, 2025

     —

     $
     —

     —

     $
     149.5

     February 1 to 28, 2025

     71,236

     40.23

     71,236

     146.7

     March 1 to 31, 2025

     131,149

     39.07

     131,149

     141.5

     Total

     202,385

     39.48

     202,385

     141.5

(1) 	On December 7, 2015, the Board of Directors approved a share repurchase authorization granting the Company authority to repurchase up to $100 million in common stock. On March 6, 2018, October 26, 2018 and February 19, 2020, the Board of Directors authorized the repurchase of an additional $250 million, $100 million and $150 million of the Company’s common stock, respectively. Stock purchases may be made in the open market, in privately negotiated transactions or block transactions, at the discretion of the Company’s management and as market conditions warrant. Purchases are funded from available cash and may be commenced, suspended or discontinued at any time without prior notice. Shares of stock repurchased under