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 28, 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) September 29, 2024 to November 2, 2024: Open market and privately negotiated purchases 41,627 $ 229.51 41,627 November 3, 2024 to November 30, 2024: Open market and privately negotiated purchases 32,784 $ 227.13 32,784 December 1, 2024 to December 28, 2024: Open market and privately negotiated purchases 25,379 $ 248.05 25,379 Total 99,790 $ 65,779 (1) As of December 28, 2024, the Company was authorized by the Board of Directors to purchase up to $110 billion of the Company’s common stock under a share repurchase program announced on May 2, 2024, of which $44.2 billion had been utilized. The program does not obligate the Company to acquire a minimum amount of shares. 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. Apple Inc. | Q1 2025 Form 10-Q | 20 Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.