Apple Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities Purchases of Equity Securities by the Issuer and Affiliated Purchasers Share repurchase activity during the three months ended July 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) April 2, 2023 to May 6, 2023: Open market and privately negotiated purchases 38,121 $ 165.46 38,121 May 7, 2023 to June 3, 2023: Open market and privately negotiated purchases 21,876 $ 174.91 21,876 June 4, 2023 to July 1, 2023: Open market and privately negotiated purchases 42,676 $ 184.34 42,676 Total 102,673 $ 94,569 (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 July 1, 2023, remaining availability under the April 2022 authorization was $4.6 billion. On May 4, 2023, the Board of Directors 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. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.