filings.toolsItem 1A. RISK FACTORS
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Item 1A. RISK FACTORS
There have been no material changes in the Company’s risk factors from those disclosed in Viatris’ 2023 Form 10-K.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Viatris Inc.
Issuer purchases of equity securities
| Period | Total Number of Shares Purchased (a) (b) | Average Price Paid per Share (c) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (a) (b) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (d) | ||||||||||||||||||||||
| January 1 - January 31, 2024 | — | $ | — | — | $ | — | ||||||||||||||||||||
| February 1 - February 29, 2024 | 19,244,142 | 12.97 | 19,244,142 | 1,500,013,518 | ||||||||||||||||||||||
| March 1 - March 31, 2024 | — | — | — | — | ||||||||||||||||||||||
| Total | 19,244,142 | $ | 12.97 | 19,244,142 | $ | 1,500,013,518 |
(a)Refer to Part I, Item 2. Management’s Discussion and Analysis of Financial Condition - Results of Operations – Recent Developments of this Form 10-Q for additional information regarding the Company’s authorized share repurchase program. During the three months ended March 31, 2024, the Company repurchased approximately 19.2 million shares of common stock at a cost of approximately $250 million under this program.
(b)The number of shares purchased is based on the purchase date and not the settlement date.
(c)Average price per share includes commissions.
(d)On February 26, 2024, the Company’s Board of Directors authorized a $1.0 billion increase to the Company’s previously announced $1.0 billion share repurchase program.
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