Company: THS
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001320695-25-000099
Chunk: 48

Company: TreeHouse Foods, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 negotiated block transactions, or otherwise, including pursuant to a repurchase plan administered in accordance with Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The size and timing of any repurchases will depend on price, market and business conditions, and other factors. The Company has the ability to make discretionary repurchases up to an annual cap of $150 million, and $393.5 million remained available under the $400 million total authorization of the stock repurchase program as of June 30, 2025. Any shares repurchased will be held as treasury stock.The following table summarizes the Company's repurchases of its common stock:Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024(In millions, except per share data)Shares repurchased— 1.3 — 2.5 Weighted average price per share$— $35.81 $— $36.20 Total cost$— $44.8 $— $88.7 Excise tax (1)$— $0.4 $— $0.8 (1)The excise tax accrued in connection with the share repurchases was recorded as an adjustment to the cost basis of repurchased shares in treasury stock and within Accrued expenses on the Company’s Condensed Consolidated Balance Sheets.

12. EARNINGS PER SHARE The weighted average number of common shares used in the diluted earnings (loss) per share calculation is determined using the treasury stock method and includes the incremental effect related to the Company’s outstanding stock-based compensation awards. The following table summarizes the effect of the share-based compensation awards on the weighted average number of shares outstanding used in calculating diluted earnings (loss) per share: Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024(In millions)Weighted average common shares outstanding50.5 52.3 50.5 53.0 Assumed exercise/vesting of equity awards (1)— — — — Weighted average diluted common shares outstanding50.5 52.3 50.5 53.0  (1)For the three and six months ended June 30, 2025 and 2024, the weighted average common shares outstanding is the same for the computations of both