{"url_path":"/sec/cien/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-04","source_url":"https://www.sec.gov/Archives/edgar/data/936395/0001628280-26-040767-index.html","accession_number":"0001628280-26-040767","cik":"0000936395","ticker":"CIEN","issuer_name":"CIENA CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/936395/0001628280-26-040767-index.html","primary_entity_key":"0000936395","primary_entity_name":"CIENA CORP"},"word_count":254,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nIssuer Purchases of Equity Securities\n\nThe following table provides a summary of repurchases of our common stock during the second quarter of fiscal 2026:\n\nPeriod\nTotal Number of Shares Purchased (1)\n\nAverage Price Paid per Share(1)\n\nTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)\n\nApproximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in thousands)(1)\n\nFebruary 1, 2026 to February 28, 202683,510 $300.29 83,510 $564,754 \n\nMarch 1, 2026 to March 28, 202673,331 $359.95 73,331 $538,359 \n\nMarch 29, 2026 to May 2, 202667,250 $471.02 67,250 $506,683 \n\n224,091 $371.05 224,091 \n\n(1) On October 2, 2024, we announced that our Board of Directors authorized a program to repurchase up to $1.0 billion of our common stock, which replaced in its entirety the previous stock repurchase program. The program may be modified, suspended, or discontinued at any time. During the second quarter of fiscal 2026, we repurchased $83.1 million of our common stock under the stock repurchase program, and we had $506.7 million remaining under the current repurchase authorization as of May 2, 2026. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and Capital Resources – Stock Repurchases” in Item 2 of Part I of this report and Note 15 to our Condensed Consolidated Financial Statements included in Item 1 of Part I of this report for information regarding the stock repurchase program authorized by our Board of Directors."}