Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 7

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 4
Chunk 7
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 and other issues related to the Company’s business operations. None of such matters are expected to have a material adverse effect on the Company’s financial condition, results of operations or business.

ITEM 1A.RISK FACTORS

We face a variety of risks that are inherent in our business and our industry. These risks are described in more detail under Item 1A—“Risk Factors” in the 2024 Form 10-K. We encourage you to read these factors in their entirety. Moreover, other factors may also exist that we cannot anticipate or that we currently do not consider to be significant based on information that is currently available. 

ITEM 2.UNREGISTERED SALES OF EQUITY 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,