1 unchanged sentence
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Share repurchase activity during the three months ended December 30, 2023 was as follows (in millions, except number of shares, which are reflected in thousands, and per-share amounts):
+Added: Share repurchase activity during the three months ended March 30, 2024 was as follows (in millions, except number of shares, which are reflected in thousands, and per-share amounts):
Periods Total Number
5 unchanged sentences
Under the Plans or Programs (1)
−Removed: October 1, 2023 to November 4, 2023:
−Removed: August 2023 ASRs
+Added: December 31, 2023 to February 3, 2024:
Open market and privately negotiated purchases 40,119 $ 186.95 40,119
−Removed: November 5, 2023 to December 2, 2023:
+Added: February 4, 2024 to March 2, 2024:
Open market and privately negotiated purchases 40,120 $ 183.88 40,120
−Removed: December 3, 2023 to December 30, 2023:
+Added: March 3, 2024 to March 30, 2024:
Open market and privately negotiated purchases 50,053 $ 172.27 50,053
Total 130,292 $ 30,069
−Removed: (1) As of December 30, 2023, the Company was authorized by the Board of Directors to purchase up to $90 billion of the Company’s common stock under a share repurchase program announced on May 4, 2023, of which $36.4 billion had been utilized.
−Removed: The program does not obligate the Company to acquire a minimum amount of shares.
−Removed: Under the program, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
−Removed: (2) In August 2023, the Company entered into accelerated share repurchase agreements (“ASRs”) to purchase up to a total of $5.0 billion of the Company’s common stock.
−Removed: In October 2023, the purchase periods for these ASRs ended and an additional 6 million shares were delivered and retired.
−Removed: In total, 29 million shares were delivered under these ASRs at an average repurchase price of $174.93 per share.
+Added: (1) As of March 30, 2024, the Company was authorized by the Board of Directors to purchase up to $90 billion of the Company’s common stock under a share repurchase program announced on May 4, 2023, of which $59.9 billion had been utilized.
+Added: On May 2, 2024, the Company announced the Board of Directors had authorized an additional program to repurchase up to $110 billion of the Company’s common stock.
+Added: The programs do not obligate the Company to acquire a minimum amount of shares.
+Added: 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.
| Q2 2024 Form 10-Q | 20
3 unchanged sentences
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.