filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
The risks that we believe are material to our investors are discussed in the company’s Annual Report on Form 10-K for the year ended December 31, 2022 under the caption “Risk Factors,” which is on file with the SEC.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
A summary of the share repurchase activity for the company’s first quarter of 2023 follows:
| 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 (2) | Maximum dollar amount of shares that may yet be purchased under the plans or programs (1)(2) (in millions) | ||||||||||||||||||||||
| Fiscal January (Jan. 1 - Feb. 4) | 5,222,234 | $ | 574.47 | 5,222,234 | $ | 1,000 | ||||||||||||||||||||
| Fiscal February (Feb. 5 - Mar. 4) | — | — | — | 1,000 | ||||||||||||||||||||||
| Fiscal March (Mar. 5 - Apr. 1) | — | — | — | 1,000 | ||||||||||||||||||||||
| Total first quarter | 5,222,234 | $ | 574.47 | 5,222,234 | $ | 1,000 |
(1) Amounts exclude excise taxes and other transaction costs.
(2) On November 10, 2022, the Board of Directors authorized the repurchase of up to $4.00 billion of the company’s common stock. All of the shares of common stock repurchased by the company during the first quarter of 2023 were under this program.
THERMO FISHER SCIENTIFIC INC.
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