{"url_path":"/sec/wat/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":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1000697/0001193125-26-219487-index.html","accession_number":"0001193125-26-219487","cik":"0001000697","ticker":"WAT","issuer_name":"WATERS CORP /DE/","edgar_url":"https://www.sec.gov/Archives/edgar/data/1000697/0001193125-26-219487-index.html","primary_entity_key":"0001000697","primary_entity_name":"WATERS CORP /DE/"},"word_count":358,"has_tables":true,"body_markdown":"Item 2:\n\nUnregistered Sales of Equity Securities and Use of Proceeds\n\nPurchases of Equity Securities by the Issuer\n\nIn January 2019, the Company’s Board of Directors authorized the Company to repurchase up to $4 billion of its outstanding common stock in open market or private transactions over a\ntwo-year\nperiod. This program replaced the remaining amounts available under the\npre-existing\nauthorization. In December 2020, the Company’s Board of Directors authorized the extension of the share repurchase program through January 21, 2023. In December 2022, the Company’s Board of Directors amended and extended this repurchase program’s term by one year such that it expired on January 21, 2024 and increased the total authorization level to $4.8 billion, an increase of $750 million. In December 2023, the Company’s Board of Directors authorized the extension of the share repurchase program through January 21, 2025. In December 2024, the Company’s Board of Directors authorized the extension of the existing share repurchase program through January 21, 2028. As of April 4, 2026, the Company had repurchased an aggregate of 15.2 million shares at a cost of $3.8 billion under the January 2019 repurchase program and had a total of $1.0 billion authorized for future repurchases. The size and timing of these purchases, if any, will depend on our stock price and market and business conditions, as well as other factors.\n\n \n\n48\n\n[Table of Contents](#toc)\n\nThe following table summarizes the Company’s stock repurchase activity for the three months ended April 4, 2026:\n\n \n\nPeriod\n\n  \n\nTotal Number of\nShares Purchased\n\n(in thousands) \n\n(1)\n\n \n\n  \n\nAverage\nPrice\nPaid per\nShare\n\n \n\n  \n\nTotal Number\nof Shares\nPurchased as\nPart of Publicly\nAnnounced\nPrograms\n\n \n\n  \n\nMaximum Dollar\nValue of Shares\nThat May Yet Be\nPurchased Under\nthe Programs\n\n(\n\nin thousands)\n\n \n\nJanuary 1, 2026 to January 31, 2026\n\n  \n\n \n\n— \n\n \n\n  \n\n$\n\n— \n\n \n\n  \n\n \n\n— \n\n \n\n  \n\n$\n\n961,207\n\n \n\nFebruary 1, 2026 to February 28, 2026\n\n  \n\n \n\n26\n\n \n\n  \n\n$\n\n327.12\n\n \n\n  \n\n \n\n— \n\n \n\n  \n\n$\n\n961,207\n\n \n\nMarch 1, 2026 to April 4, 2026\n\n  \n\n \n\n10\n\n \n\n  \n\n$\n\n307.51\n\n \n\n  \n\n \n\n— \n\n \n\n  \n\n$\n\n961,207\n\n \n\n  \n\n \n\n \n\n \n\n  \n\n \n\n \n\n \n\n  \n\n \n\n \n\n \n\n  \n\n \n\n \n\n \n\nTotal\n\n  \n\n \n\n36\n\n \n\n  \n\n$\n\n321.93\n\n \n\n  \n\n \n\n— \n\n \n\n  \n\n$\n\n961,207\n\n \n\n  \n\n \n\n \n\n \n\n  \n\n \n\n \n\n \n\n  \n\n \n\n \n\n \n\n  \n\n \n\n \n\n \n\n \n\n(1)\n\nAll shares repurchased as referenced in the table above related to the vesting of restricted stock during the three months ended April 4, 2026."}