Company: HLI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001302215-25-000092
Chunk: 101

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 101
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. On May 12, 2022, the Company announced that the Company's board of directors had authorized a replacement program to the previous July 2021 share repurchase program, which provides for share repurchases of a new aggregate amount of up to $500 million of the Company's Class A common stock and Class B common stock. This share repurchase program does not expire.

(2)Total Number of Shares Purchased consists of 762,077 unvested shares of Class B common stock at an average price per share of $180.08, which were withheld from employees to satisfy tax withholding obligations resulting from the vesting of certain restricted stock awards.

(3)Total Number of Shares Purchased consists of 1,476 unvested shares of Class B common stock at an average price per share of $176.96, which were withheld from employees to satisfy tax withholding obligations resulting from the vesting of certain restricted stock awards.

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Item 3.    Defaults upon Senior Securities

None.

Item 4.    Mine Safety Disclosures

Not applicable.

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Item 5.    Other Information

(a) None.

(b) None.

(c) During the fiscal quarter ended June 30, 2025 no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” (in each case, as defined in Item 408 of Regulation S-K).

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Item 6.    Exhibits

Incorporated by ReferenceExhibitNumberExhibit DescriptionFormFile No.ExhibitFilingDateFiled / FurnishedHerewith3.1Second Amended and Restated Certificate of Incorporation of Houlihan Lokey, Inc., dated September 21, 2023.8-K001-375373.19/22/233.2Amended and Restated Bylaws of the Company, dated July 26, 2023. 8-K001-375373.18/1/2331.1Rule 13a-14(a) / 15d-14(a) Certification of Chief Executive Officer.*31.2Rule 13a-14(a) / 15d-14(a) Certification of Chief Financial Officer.*32.1Section 1350 Certification of Chief Executive Officer.**32.2Section 1350 Certification of Chief Financial Officer.**101.INSInline XBRL Instance Document - The instance