Company: AOS
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000091142-25-000075
Chunk: 2

Company: SMITH A O CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 4
Chunk 2
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 time, subject to the parameters of any Rule 10b5-1 automatic trading plan that we may then have in effect. In the first quarter of 2025, we repurchased 1,794,694 shares at an average price of $67.19 per share and at a total cost of $120.6 million. As of March 31, 2025, there were 4,951,431 shares remaining on the existing repurchase authorization.

ISSUER PURCHASES OF EQUITY SECURITIESPeriodTotal Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsMaximum Number of Shares that may yet be Purchased Under the Plans or ProgramsJanuary 1 - January 31, 2025360,448 $69.66 360,448 6,385,677 February 1 - February 28, 2025741,246 66.13 741,246 5,644,431 March 1 - March 31, 2025693,000 67.04 693,000 4,951,431 

The Inflation Reduction Act of 2022, which was enacted into law on August 16, 2022, imposed a nondeductible 1% excise tax on the net value of certain stock repurchases made after December 31, 2022. All dollar amounts presented exclude such excise taxes, as applicable.