{"url_path":"/sec/veev/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":"2026-06-05","source_url":"https://www.sec.gov/Archives/edgar/data/1393052/0001393052-26-000026-index.html","accession_number":"0001393052-26-000026","cik":"0001393052","ticker":"VEEV","issuer_name":"VEEVA SYSTEMS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1393052/0001393052-26-000026-index.html","primary_entity_key":"0001393052","primary_entity_name":"VEEVA SYSTEMS INC"},"word_count":237,"has_tables":true,"body_markdown":"ITEM 2.    UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.\n\na)Sales of Unregistered Securities\n\nNone.\n\nb)Use of Proceeds from Public Offerings of Common Stock\n\nNone.\n\nc)Purchases of Equity Securities by the Issuer and Affiliated Purchasers\n\nThe following table presents information with respect to our repurchases of common stock during the three months ended April 30, 2026:\n\nPeriod\nTotal Number of Shares Purchased (2)\n\nAverage Price Paid per Share (1)\nTotal Number of Shares Purchased as a Part of Publicly Announced ProgramApproximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Program (in millions)\n\nFebruary 1 - 28, 2026370,578 $189.08 370,578 $1,750 \n\nMarch 1 - 31, 2026345,963 $181.89 345,963 $1,687 \n\nApril 1 - 30, 2026538,488 $163.61 538,488 $1,599 \n\nTotal1,255,029 $176.17 1,255,029 $1,599 \n\n(1) Amounts exclude commissions.\n\n(2) On January 5, 2026, we announced that our board of directors authorized a share repurchase program of up to $2 billion of our outstanding shares of common stock. Under the program, we may repurchase shares of common stock from time to time through open market purchases, in privately negotiated transactions, and other transactions in accordance with applicable securities laws. The share repurchase program has a term of two years, may be suspended or discontinued at any time, and does not obligate us to acquire any amount of common stock. See [note 10](#i7e129a0ad48d459ea13c21cd7e2de073_70) of the notes to our consolidated financial statements for additional information related to share repurchases."}