Item 2. Unregistered Sales of Equity Securities
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 27, 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)
September 28, 2025 to November 1, 2025:
Open market and privately negotiated purchases 28,567 $ 256.69 28,567
November 2, 2025 to November 29, 2025:
Open market and privately negotiated purchases 29,018 $ 272.25 29,018
November 30, 2025 to December 27, 2025:
Open market and privately negotiated purchases 35,309 $ 276.61 35,309
Total 92,894 $ 74,779
(1) On May 1, 2025, the Company announced a program to repurchase up to $100 billion of the Company’s common stock. As of December 27, 2025, $25.2 billion of the May 2025 program 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.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
Apple Inc. | Q1 2026 Form 10-Q | 20
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