Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 138

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 4
Chunk 138
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 with Asian automotive manufacturers are important elements of our long-term strategy. In addition, our strategy includes increasing revenue and expanding our manufacturing footprint in lower-cost regions. As a result, our exposure to the risks described above may be greater in the future. The likelihood of such occurrences and their potential impact on us vary from country to country and are unpredictable.

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ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

A summary of our ordinary shares repurchased during the three months ended March 31, 2025, is shown below:

PeriodTotal Number of Shares Purchased (1)Average Price Paid per Share (2)Total Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsApproximate Dollar Value of Shares that May Yet be Purchased Under the Program (in millions) (3)January 1, 2025 to January 31, 2025First settlement of ASR (4)5,591,925 5,591,925 Other shares repurchased— $— — $2,515 February 1, 2025 to February 28, 2025— $— — $2,515 March 1, 2025 to March 31, 2025Second settlement of ASR (4)6,075,477 6,075,477 Other shares repurchased— $— — $2,515 Total11,667,402 $— 11,667,402 

(1)The total number of shares purchased under the plans authorized by the Board of Directors are described below.(2)Excluding commissions.(3)In July 2024, the Board of Directors authorized a new share repurchase program of up to $5.0 billion. This program commenced following completion of the Company’s January 2019 share repurchase program of up to $2.0 billion. The timing of repurchases is dependent on price, market conditions and applicable regulatory requirements. (4)In August 2024, the Company entered into an accelerated share repurchase program to repurchase an aggregate amount of $3.0 billion of Aptiv’s ordinary shares (the “ASR Agreements”), and received initial deliveries of approximately 30.8 million ordinary shares in aggregate, with a value of $2.25 billion, which were retired immediately. During the three months ended March 31, 2025, a portion of