Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Market Information .
Our common stock is listed on the New York Stock Exchange with the ticker symbol "A."
As of December 10, 2025, there were 15,935 common stockholders of record.
−Removed: The information required by this item with respect to equity compensation plans is included under the caption " Equity Compensation Plans" in our Proxy Statement for the Annual Meeting of Stockholders to be held March 13, 2025, to be filed with the Securities and Exchange Commission pursuant to Regulation 14A, and is incorporated herein by reference.
+Added: We currently intend to continue paying quarterly cash dividends.
+Added: The timing, declaration, amount and payment of any future dividends fall within the discretion of our Board of Directors and will depend on many factors, including our available cash, estimated cash needs, earnings, financial condition, operating results, capital requirements, as well as limitations in our contractual agreements, applicable law, regulatory constraints, industry practice and other business considerations that our Board of Directors considers relevant.
+Added: Equity Compensation Plan Information.
+Added: The information required by this item with respect to equity compensation plans is included under the caption " Equity Compensation Plan Information" in Item 12 of this Annual Report on Form 10-K.
STOCK PRICE PERFORMANCE GRAPH
27 unchanged sentences
(in millions)(1)(2)
+Added: 2023 Repurchase Program
August 1, 2025 through
3 unchanged sentences
September 8, 2025 52,423 $ 126.48 52,423 $ —
−Removed: 1,240,953 $ 137.98 1,240,953 $ 425
+Added: 2024 Repurchase Program
+Added: September 9, 2025 through
+Added: September 30, 2025 171,591 $ 125.55 171,591 1,979
October 1, 2025 through
October 31, 2025 210,079 $ 142.19 210,079 $ 1,949
−Removed: 366,113 $ 139.28 366,113 $ 374
Total 662,951 $ 128.19 662,951
(1) On January 9, 2023, we announced that our board of directors had approved a share repurchase program (the "2023 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs.
+Added: The 2023 repurchase program authorized the purchase of up to $2.0 billion, excluding excise taxes, of our common stock at the company's discretion and has no fixed termination date.
+Added: The 2023 repurchase program did not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time.
+Added: The 2023 repurchase program commenced on March 1, 2023, and was completed in September 2025.
+Added: As of October 31, 2025, all repurchased shares to date have been retired.
+Added: (2) On May 29, 2024, we announced that our board of directors had approved a new share repurchase program (the "2024 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs.
The 2024 repurchase program authorizes the purchase of up to $2.0 billion, excluding excise taxes, of our common stock at the company's discretion and has no fixed termination date.
The 2024 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time.
−Removed: The 2023 repurchase program commenced on March 1, 2023, and also terminated and replaced the 2021 repurchase program.
+Added: The 2024 repurchase program became effective on August 1, 2024 and commenced upon completion of our 2023 repurchase program in September 2025.
As of October 31, 2025, all repurchased shares to date have been retired.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.