Apple Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Purchases of Equity Securities by the Issuer and Affiliated Purchasers Share repurchase activity during the three months ended December 31, 2022 was as follows (in millions, except number of shares, which are reflected in thousands, and per share amounts): Periods Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1) September 25, 2022 to October 29, 2022: Open market and privately negotiated purchases 69,169 $ 144.57 69,169 October 30, 2022 to November 26, 2022: Open market and privately negotiated purchases 23,113 $ 149.26 23,113 November 27, 2022 to December 31, 2022: Open market and privately negotiated purchases 40,557 $ 136.85 40,557 Total 132,839 $ 41,665 (1) On April 28, 2022, the Board of Directors authorized the purchase of an additional $90 billion of the Company’s common stock under the Program. As of December 31, 2022, total utilization under the April 2022 authorization was $48.3 billion. The Program does not obligate the Company to acquire a minimum amount of shares. Under the Program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act. Item 3. Defaults Upon Senior Securities None. Apple Inc. | Q1 2023 Form 10-Q | 21 Item 4. Mine Safety Disclosures Not applicable.