Company: DHR
Filing Date: 2025-04-22
Form Type: 10-Q
Source: 0000313616-25-000088
Chunk: 52

Company: DANAHER CORP /DE/
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 1A
Chunk 52
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 Please see “Management’s Discussion and Analysis of Financial Condition and Results of Operations” for further discussion of the impact of these tariffs.  Though the risks identified above in certain cases have already adversely impacted part of our business, the full impact of these tariffs and other actions on the Company and on our business partners remains highly uncertain and subject to rapid change.

In addition, certain governments have implemented policies to induce “re-shoring” of supply chains, reduce reliance on imported supplies and promote national production.  For example, the Chinese government has issued a series of policies in the past several years to promote the development and use of local medical devices.  

All of the risks identified in this risk factor can adversely affect our business and financial statements.

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

Issuer Purchases of Equity Securities

On July 22, 2024, the Company’s Board of Directors approved a repurchase program (the “Repurchase Program”) authorizing the repurchase of up to 20 million shares of the Company’s common stock from time to time on the open market or in privately negotiated transactions.  There is no expiration date for the Repurchase Program, and the timing and amount of any shares repurchased under the program will be determined by members of the Company’s management based on its evaluation of market conditions and other factors.  The Repurchase Program may be suspended or discontinued at any time.  Any repurchased shares will be available for use in connection with the Company’s equity compensation plans (or any successor plans) and for other corporate purposes.  

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Table of Contents

The following table presents a summary of share repurchases made during the quarter ended March 28, 2025 (all share repurchases were made under the Repurchase Program):

PeriodTotal Number of Shares PurchasedAverage Price Paid Per Share(a)Total 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, 2025 - January 24, 20254,162,396 $237.96 4,162,396 12,352,518 January 25, 2025 - February 21, 2025352,518 247.26 352,518 12,000,000 February 22, 2025 - March 28, 2025— — — 12,000,000