Company: BKR
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0001701605-25-000117
Chunk: 8

Company: Baker Hughes Co
Filing Date: 2025-10-24
Form: 10-Q
Item: Part II, Item 1A
Chunk 8
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 rise to the termination of the merger agreement; and other risks described in our filings with the SEC.

Baker Hughes Company 2025 Third Quarter Form 10-Q | 38

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

The following table contains information about our purchases of our Class A common stock equity securities during the three months ended September 30, 2025.

PeriodTotal Number of Shares Purchased (1)AveragePrice Paid Per Share (2)Total Number of Shares Purchased as Part of a Publicly Announced Program (3)(4)Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (3)(4)July 1-31, 20257,462 $38.50 — $1,348,978,828 August 1-31, 202515,538 $44.73 — $1,348,978,828 September 1-30, 20255,669 $46.00 — $1,348,978,828 Total28,669 $43.36 — 

(1)Represents Class A common stock purchased from employees to satisfy the tax withholding obligations primarily in connection with the vesting of restricted stock units.

(2)Average price paid for Class A common stock purchased from employees to satisfy the tax withholding obligations in connection with the vesting of restricted stock units and shares purchased in the open market under our publicly announced purchase program.

(3)On July 30, 2021, our Board of Directors authorized the Company to repurchase up to $2 billion of its Class A common stock. On October 27, 2022, our Board of Directors authorized an increase to our repurchase program of $2 billion of additional Class A common stock, increasing its existing repurchase authorization of $2 billion to $4 billion. The repurchase program may be suspended or discontinued at any time and does not have a specified expiration date.

(4)During the three months ended September 30, 2025, we repurchased no shares of Class A common stock.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

We have no mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and