Company: BWMN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-039001
Chunk: 78

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part II, Item 2
Chunk 78
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Recent Sales of Unregistered Securities

None.

Issuer Purchase of Equity Securities

The following table summarizes the purchases of our common stock made by us during the three months ended June 30, 2025:

PeriodTotal Numberof SharesPurchased (1)Average PricePaid PerShareTotal Number of SharesPurchased as Part of PubliclyAnnounced Plans or ProgramsApproximate Dollar Value ofShares that May Yet BePurchased Under the Plansor Programs4/1/25 - 4/30/25-21.62 247,6342,198,106 (2)5/1/25 - 5/31/2553,06624.86 -2,198,106 (2)6/1/25 - 6/30/25-- -25,000,000 (3)

(1) This column reflects shares owned and tendered by employees to satisfy the required withholding taxes related to share-based payment awards, which are not deducted from shares available to be purchased under publicly announced programs.

(2) On August 15, 2024, the board of directors authorized a $25 million share repurchase program under which the Company may repurchase up to $25 million of our common stock. On November 29, 2024, the board of directors authorized an increase to this repurchase authorization from $25 million to $35 million (collectively referred to as the "2024 Repurchase Authorization"). The authorization was scheduled to expire on July 31, 2025, but was terminated on June 6, 2025, upon the approval of the 2025 Repurchase Authorization discussed below. As of June 30, 2025, we repurchased 1,368,576 shares of our common stock under the 2024 Repurchase Authorization.

(3) On June 6, 2025, the board of directors authorized a new share repurchase program under which the Company may repurchase up to $25 million of its common stock ("2025 Repurchase Authorization") over a 12-month period beginning on June 9, 2025. As of June 30, 2025, no repurchases have been made under the 2025 Repurchase Authorization.

Item 3. Defaults Upon Senior Securities.

None

Item 4. Mine Safety Disclosures.

None

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Item 5. Other Information.

During the quarter