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 April 1, 2023 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) January 1, 2023 to February 4, 2023: Open market and privately negotiated purchases 36,980 $ 135.21 36,980 February 5, 2023 to March 4, 2023: Open market and privately negotiated purchases 49,168 $ 150.33 49,168 March 5, 2023 to April 1, 2023: Open market and privately negotiated purchases 43,164 $ 155.32 43,164 Total 129,312 $ 22,570 (1) On April 28, 2022, the Board of Directors authorized the purchase of an additional $90 billion of the Company’s common stock under a share repurchase program. As of April 1, 2023, total utilization under the April 2022 authorization was $67.4 billion. On May 4, 2023, the Company announced the Board of Directors had authorized an additional program to repurchase up to $90 billion of the Company’s common stock. The programs do not obligate the Company to acquire a minimum amount of shares. Under the programs, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act. Apple Inc. | Q2 2023 Form 10-Q | 20 Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.