Company: QLYS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001107843-25-000009
Chunk: 76

Company: QUALYS, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 5
Chunk 76
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 that our board of directors had authorized an increase of $200.0 million to the share repurchase program, resulting in an aggregate authorization of $1.2 billion as of December 31, 2024. On February 6, 2025, we announced that our board of directors authorized an increase of $200.0 million to the share repurchase program, resulting in an aggregate authorization of $1.4 billion. Shares may be repurchased from time to time on the open market in accordance with Rule 10b-18 of the Exchange Act of 1934. We have entered into a pre-set trading plan adopted in accordance with Rule 10b5-1 under the Exchange Act to effect repurchases under our share repurchase program. All share repurchases have been made using cash resources. Our share repurchase program does not have an expiration date.

(2) Does not reflect the $200.0 million increase to our share repurchase program announced on February 6, 2025.