Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 247

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 247
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 2025 to January 31, 2025First settlement of ASR (4)5,591,925 5,591,925 Other shares repurchased— $— — $2,515 February 1, 2025 to February 28, 2025— $— — $2,515 March 1, 2025 to March 31, 2025Second settlement of ASR (4)6,075,477 6,075,477 Other shares repurchased— $— — $2,515 Total11,667,402 $— 11,667,402 

(1)The total number of shares purchased under the plans authorized by the Board of Directors are described below.(2)Excluding commissions.(3)In July 2024, the Board of Directors authorized a new share repurchase program of up to $5.0 billion. This program commenced following completion of the Company’s January 2019 share repurchase program of up to $2.0 billion. The timing of repurchases is dependent on price, market conditions and applicable regulatory requirements. (4)In August 2024, the Company entered into an accelerated share repurchase program to repurchase an aggregate amount of $3.0 billion of Aptiv’s ordinary shares (the “ASR Agreements”), and received initial deliveries of approximately 30.8 million ordinary shares in aggregate, with a value of $2.25 billion, which were retired immediately. During the three months ended March 31, 2025, a portion of the ASR Agreements were settled and Aptiv received incremental deliveries of approximately 11.7 million ordinary shares. In April 2025, Aptiv received further incremental deliveries of approximately 6.0 million ordinary shares, representing the final settlement of the ASR Agreements. All shares delivered to Aptiv under the ASR Agreements were retired immediately. Under the ASR Agreements, the Company received total deliveries of approximately 48.5 million ordinary shares at an average price of $61.84 per share, based on the average daily volume-weighted average price of our ordinary shares on specified dates during the terms of the ASR Agreements, less a discount and subject to adjustments pursuant to the terms and conditions of the ASR Agreements.

ITEM 5. OTHER INFORMATIONSecurities Trading Plans of Executive Officers and DirectorsTransactions in our securities by our executive officers and directors are required