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 March 30, 2024 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) December 31, 2023 to February 3, 2024: Open market and privately negotiated purchases 40,119 $ 186.95 40,119 February 4, 2024 to March 2, 2024: Open market and privately negotiated purchases 40,120 $ 183.88 40,120 March 3, 2024 to March 30, 2024: Open market and privately negotiated purchases 50,053 $ 172.27 50,053 Total 130,292 $ 30,069 (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. 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. 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 2024 Form 10-Q | 20 Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.