Company: CNDT
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001677703-25-000152
Chunk: 82

Company: CONDUENT Inc
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 1A
Chunk 82
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(a)Sales of Unregistered Securities during the Quarter ended September 30, 2025

During the quarter ended September 30, 2025, the Company did not issue any securities in transactions that were not registered under the Securities Act of 1933, as amended.

(b)Purchases of Equity Securities by the Issuer and Affiliated Purchasers

Share repurchase activity during the three months ended September 30, 2025 was as follows:

PeriodTotal Number of Shares Purchased(1)Average Price Paid Per Share (2)Total Number of Shares Purchased as a Part of Publicly Announced PlanApproximate Dollar Value of Shares that May Yet Be Purchased Under Plan (in millions)July 1-31, 20251,363,856 $2.72 1,363,856 $39 August 1-31, 20251,878,608 2.59 1,878,608 34 September 1-30, 20251,469,437 2.83 1,469,437 30 Total4,711,901 $2.70 4,711,901 $30 

(1) On May 20, 2025, the Board of Directors authorized a three-year share repurchase program, granting approval for the Company to repurchase up to $50 million of its common stock from time to time as market and business conditions warrant, including through open market purchases or Rule 10b5-1 trading plans. 

(2) Average share price includes transaction commissions.

ITEM 3 — DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4 — MINE SAFETY DISCLOSURES

None.

ITEM 5 — OTHER INFORMATION

10b5-1 Plans 

During the three months ended September 30, 2025, none of the Company’s directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934) adopted, terminated or modified a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933).

CNDT Q3 2025 Form 10-Q38

ITEM 6 — EXHIBITS 

Incorporated by ReferenceExhibit No.DescriptionFiled HerewithFormExhibit No.Filing Date2.1Cust