Item 1A. RISK FACTORS
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Item 1A. RISK FACTORS
For information regarding risk factors, refer to Part I, Item 1A as presented in the 2024 Annual Report on Form 10-K. There have been no material changes in the Company’s risk factors during the three months ended June 30, 2025.
ITEM 2. UNREGISTERED SALES OF EQUI****TY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES
For Items 2(a) and (b), there was no reportable information for the three months ended June 30, 2025.
(c)
Issuer purchases of equity securities.
On December 4, 2018, PACCAR’s Board of Directors approved the repurchase of up to $500.0 million of the Company’s outstanding common stock. As of June 30, 2025, the Company has repurchased $128.4 million of shares under this plan. The following are details of repurchases made for the second quarter of 2025:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Maximum Dollar Value that May Yet be Purchased | ||||||||
| April 1-30, 2025 | |||||||||||
| May 1-31, 2025 | 205,592 | $ | 89.60 | $ | 371,580,963 | ||||||
| June 1-30, 2025 | |||||||||||
| Total | 205,592 | $ | 89.60 | $ | 371,580,963 |
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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