Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 78

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 4
Chunk 78
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 how well designed and operated, is based upon certain assumptions and can provide only reasonable, not absolute, assurance that its objectives will be met. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Further, no evaluation of controls can provide absolute assurance that misstatements due to error or fraud will not occur or that all control issues and instances of fraud, if any, within the Company have been detected.

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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Information regarding legal proceedings can be found within Note 17: Commitments and Contingencies in the Notes to Condensed Consolidated Financial Statements contained in Part I - Item 1. Financial Statements, which is incorporated herein by reference.

ITEM 1A. RISK FACTORS

There have been no material changes to the risk factors previously disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity Securities

The following table provides information with respect to any purchase of the Company’s common stock made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, during the three months ended March 31, 2025:PeriodTotalNumber ofSharesPurchased (1)Average PricePaid Per Share (2)Total Number of Shares Purchasedas Part of Publicly Announced Plansor ProgramsMaximum Dollar Amount Available for Purchase  Under the Plans  or Programs (3)January 1, 2025 - January 31, 202511,283$57.65—$227,952,190February 1, 2025 - February 28, 202526,11960.23—227,952,190March 1, 2025 - March 31, 20253,916,72551.203,569,45446,965,594Total3,954,12751.283,569,45446,965,594

(1)During the three months ended March 31, 2025, 384,673 of the total number of shares purchased were acquired at market prices outside of the Company’s common