Company: JBI
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001839839-25-000032
Chunk: 96

Company: Janus International Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 96
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 shares in open market transactions from time to time in accordance with federal securities laws, at our discretion. On February 28, 2024, our Board authorized a $100 share repurchase program. Although our Board has authorized a share repurchase program, the share repurchase program does not obligate us to repurchase any specific dollar amount or to acquire any specific number of shares. The Company may repurchase shares from time to time through open market transactions pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, as amended, in compliance with applicable state and federal securities laws. The timing, as well as the number and value of shares repurchased under the program, will be determined by the Company at its discretion and will depend on a variety of factors, including our assessment of the intrinsic value of the Company’s common stock, the market price of the Company’s common stock, general market and economic conditions, available liquidity, compliance with the Company’s debt and other agreements, applicable legal requirements, the nature of other investment opportunities available to the Company, and other considerations. The Company is not obligated to purchase any shares under the repurchase program, and the program may be suspended, modified, or discontinued at any time without prior notice. The Company expects to fund the repurchases by using cash on hand and expected free cash flow to be generated in the future. 

24

The following table provides information with respect to our purchases of our common stock in the fiscal year ended December 28, 2024:

(amounts in millions, except share and per share data)Total number of shares purchased(1)Average price paid per share(2)Total number of shares purchased as part of the publicly announced programApproximate dollar value of shares that may yet to be purchased under programDecember 31, 2023 - January 30, 2024— $— — $— January 31, 2024 - March 1, 2024— — — — March 2, 2024 - April 1, 20241,019,889 14.84 1,019,889 84.9 April 2, 2024 - May 2, 2024— — — — May 3, 2024 - June 2, 2024— — — — June 2, 2024 - July 3, 2024753,667 13.26