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 29, 2025 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 29, 2024 to February 1, 2025: Open market and privately negotiated purchases 36,809 $ 235.43 36,809 February 2, 2025 to March 1, 2025: Open market and privately negotiated purchases 31,856 $ 238.07 31,856 March 2, 2025 to March 29, 2025: Open market and privately negotiated purchases 39,455 $ 221.77 39,455 Total 108,120 $ 40,779 (1) As of March 29, 2025, 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 $69.2 billion had been utilized. On May 1, 2025, the Company announced the Board of Directors had authorized an additional program to repurchase up to $100 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.