Item 1A. Risk Factors
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Item 1A. Risk Factors
Our business, financial condition and results of operations are subject to various risks. Investors should review and consider the risk factors previously disclosed in the 2024 Annual Report on Form 10-K for the year ended December 28, 2024, along with the risk factor included in Part II. Item 1A. Risk Factors in Textron’s Quarterly Reports on Form 10-Q for the quarters ended March 29, 2025 and June 28, 2025, which are incorporated herein by reference. We may disclose changes to these risk factors or additional risk factors in our future filings with the SEC as the business environment and conditions change. Additional risks and uncertainties not presently known to us or that we currently believe are not material also may adversely impact our business, financial condition, results of operations and cash flows.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following provides information about our third quarter of 2025 repurchases of equity securities that are registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended:
| Period (shares in thousands) | **Total Number of Shares Purchased *** | Average Price Paid per Share (excluding commissions) | **Total Number of Shares Purchased as part of Publicly Announced Plan *** | Maximum Number of Shares that may yet be Purchased under the Plan | ||||||||||
| June 29, 2025 – August 2, 2025 | 600 | $ | 78.59 | 600 | 9,211 | |||||||||
| August 3, 2025 – August 30, 2025 | 1,240 | 78.95 | 1,240 | 7,971 | ||||||||||
| August 31, 2025 – September 27, 2025 | 740 | 81.78 | 740 | 7,231 | ||||||||||
| Total | 2,580 | $ | 79.68 | 2,580 |
** These shares were purchased pursuant to a plan authorizing the repurchase of up to 35 million shares of Textron common stock that was approved on July 24, 2023 by our Board of Directors. This share repurchase plan has no expiration date.*
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