Company: BWXT
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001486957-25-000026
Chunk: 2

Company: BWX Technologies, Inc.
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 4
Chunk 2
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 PROCEEDS

Since November 2012, we have periodically announced that our Board of Directors has authorized share repurchase programs. The following table provides information on our purchases of equity securities during the three months ended March 31, 2025. Any shares purchased that were not part of a publicly announced plan or program are related to repurchases of common stock pursuant to the provisions of employee benefit plans that permit the repurchase of shares to satisfy statutory tax withholding obligations.

PeriodTotal numberof sharespurchased (1)Averagepricepaidper shareTotal number of shares purchased as part of publicly announced plans or programsApproximate dollarvalue of shares thatmay yet bepurchased under theplans or programs(in millions) (2)January 1, 2025 - January 31, 20251,028 $113.56 — $377.6 February 1, 2025 - February 28, 2025227,495 $105.94 104,224 $366.6 March 1, 2025 - March 31, 2025185,249 $102.43 185,249 $347.6 Total413,772 $104.38 289,473 

(1)Includes 1,028, 123,271 and 0 shares repurchased during January, February and March, respectively, pursuant to the provisions of employee benefit plans that permit the repurchase of shares to satisfy statutory tax withholding obligations.

(2)On April 30, 2021, our Board of Directors authorized us to repurchase an indeterminate number of shares of our common stock at an aggregate market value of up to $500 million with no expiration date.