filings.toolsItem 1A. RISK FACTORS
3K characters. Original on sec.gov · Markdown
Item 1A. RISK FACTORS
There were no material changes from the risk factors previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2025.
| ARCH CAPITAL | 64 | 2026 SECOND QUARTER FORM 10-Q |
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer’s Repurchases of Equity Securities
The following table summarizes our purchases of common shares for the 2026 second quarter:
| Period | Total Number of Shares Purchased (1) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet be Purchased Under the Plan or Programs ($000’s) (2) | ||||||||||||||||||||||
| 4/1/2026-4/30/2026 | 3,341,283 | $ | 96.66 | 3,341,283 | $ | 3,001,084 | ||||||||||||||||||||
| 5/1/2026-5/31/2026 | 7,174,840 | $ | 94.40 | 7,174,840 | $ | 2,323,929 | ||||||||||||||||||||
| 6/1/2026-6/30/2026 | 1,843,834 | $ | 90.29 | 1,836,003 | $ | 2,158,166 | ||||||||||||||||||||
| Total | 12,359,957 | $ | 94.40 | 12,352,126 |
(1)This column represents (in whole shares) open market share repurchases, including an aggregate of 0 shares, 0 shares and 7,831 shares repurchased by Arch Capital during April, May and June, respectively, other than through publicly announced plans or programs. We repurchased these shares from employees in order to facilitate the payment of withholding taxes on restricted and performance shares granted and the exercise of stock appreciation rights, in each case at their fair value as determined by reference to the closing price of our common shares on the day the restricted shares vested or the stock appreciation rights were exercised.
(2)This column represents the remaining approximate dollar amount available at the end of each applicable period under Arch Capital’s repurchase authorization. On April 19, 2026, the Company increased its authorization for its existing share repurchase program by $3.0 billion, and having no expiration date. Repurchases may be effected from time to time in open market or privately negotiated transactions.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
Previous: Item 4. CONTROLS AND PROCEDURES · Next: Item 5. OTHER INFORMATION