filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
There are no material changes to the risk factors set forth in Regions' Annual Report on Form 10-K for the year ended December 31, 2023.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
On April 20, 2022, the Board authorized the repurchase of up to $2.5 billion of the Company's common stock, permitting purchases from the second quarter of 2022 through the fourth quarter of 2024.
The following table presents information regarding issuer purchases of equity securities during the third quarter of 2024. All of these shares were immediately retired upon repurchase and therefore were not included in treasury stock.
| Period | Total Number of Shares Purchased | Average Price Paid per Share**(1)** | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Plans or Programs | |||||||||||||||||||
| July 1-31, 2024 | — | $ | — | — | $ | 2,047,022,869 | |||||||||||||||||
| August 1-31, 2024 | 645,026 | $ | 23.25 | 645,026 | $ | 2,032,016,432 | |||||||||||||||||
| September 1-30, 2024 | 3,775,802 | $ | 22.51 | 3,775,802 | $ | 1,946,978,804 | |||||||||||||||||
| Total Third Quarter | 4,420,828 | $ | 22.62 | 4,420,828 | $ | 1,946,978,804 |
(1) Average price paid does not reflect the 1 percent excise tax charged on public company share repurchases.
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