Company: SWKH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040420
Chunk: 101

Company: SWK Holdings Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 101
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2025. (the "Prior Repurchase Programs").

On May 19, 2025, the Company announced that the Board had authorized the Company to repurchase up to $10.0 million of the Company’s outstanding shares of common stock from time-to-time until May 19, 2026, through a trading plan established in compliance with Rule 10b5-1 and Rule 10b-18 of the Exchange Act (the “Current Repurchase Program”). The actual timing, number and value of shares repurchased under the Current Repurchase Program will depend on several factors, including the constraints specified in the Rule 10b5-1 trading plan, price, and general market conditions. There is no guarantee as to the exact number of shares that will be repurchased under the Current Repurchase Program. Our Board may also suspend or discontinue the Current Repurchase Program at any time, in its sole discretion. The purchase period for the Current Repurchase Program is May 19, 2025 through May 19, 2026.

The table below summarizes information about our purchases of common stock during the three months ended June 30, 2025 (in thousands, except per share data):

PeriodTotal Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced PlanMaximum Approximate Dollar Value of Shares That May Yet Be Purchased Under the PlanApril 1, 2025 - April 30, 202510,026 $16.78 10,026 $4,344 May 1, 2025 - May 31, 202523,125 14.1323,125 $9,690 June 1, 2025 - June 30, 202525,803 14.5225,803 $9,316 58,954 $14.75 58,954 

As of June 30, 2025, the Company has repurchased an aggregate of 904,702 shares under the Prior Repurchase Programs and Current Repurchase Program at a total cost of $15.2 million, or $16.82 per share. As of June 30, 2025, the maximum dollar value of shares that may yet be purchased under the Current Repurchase Program was approximately $9.3 million shares of common stock. 

ITEM 3.      DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4.