Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 5

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 3
Chunk 5
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QUITY SECURITIES AND USE OF PROCEEDS 

The table below sets forth our market repurchases of Axos common stock and the Axos common stock retained in connection with net settlement of restricted stock unit awards during the three months ended December 31, 2024.

(Dollars in thousands, except per share data)Numberof SharesPurchasedAverage PricePaid Per SharesTotal Number ofSharesPurchased as Part of Publicly  AnnouncedPlans or ProgramsApproximate Dollar value ofShares that MayYet be PurchasedUnder the Plansor ProgramsStock Repurchases1Quarter Ended December 31, 2024October 1, 2024 to October 31, 2024— $— — $106,521 November 1, 2024 to November 30, 2024— — — 106,521 December 1, 2024 to December 31, 2024— — — 106,521 For the Three Months Ended December 31, 2024— $— — $106,521 Stock Retained in Net Settlement2October 1, 2024 to October 31, 202486 November 1, 2024 to November 30, 20241,018 December 1, 2024 to December 31, 20242,479 For the Three Months Ended December 31, 20243,583 

1 On April 27, 2023, the Company announced a program to repurchase up to $100 million of its common stock and on February 12, 2024, the Company announced a program to repurchase up to $100 million of its common stock. The February 12, 2024 share repurchase authorization is in addition to the existing share repurchase plan announced on April 27, 2023. Both of the share repurchase programs will continue in effect until terminated by the Board of Directors of the Company.

2 The Amended and Restated 2014 Stock Incentive Plan permits net settlement of stock issuances related to equity awards for purposes of payment of a grantee’s minimum income tax obligation. Stock Retained in Net Settlement was purchased at the vesting price of the associated restricted stock unit.