Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Issuer Purchases of Equity Securities
Total Number
of Shares Purchased (1) Average Price
Paid per Share Total Number of
Shares Purchased
as Part of the
Publicly
Announced
Common Stock Repurchase Plan (2) Maximum Approximate Dollar Value
of Shares that
may yet be
Purchased under
the Common Stock
Repurchase Plan (2)
Period
October 1 to 31, 2022 363,955 $ 233.07 361,638 $ 696,098,299
November 1 to 8, 2022 100,511 $ 240.60 99,769 $ 672,096,857
November 9 to 30, 2022 195,721 $ 253.82 192,981 $ 4,951,046,542
December 1 to 31, 2022 257,196 $ 247.31 254,359 $ 4,888,117,684
Total 917,383 908,747
(1) During the three months ended December 31, 2022, pursuant to the terms of our restricted stock program, the Company purchased 8,636 shares at the then-market value of the shares to satisfy certain tax withholding requirements for employees upon the vesting of their restricted shares.
(2) On November 9, 2022, the Board of Directors authorized the repurchase of $5 billion of our common stock, replacing in its entirety the previous 2019 authorization to purchase up to $5 billion of common stock included in the table above as follows:
Date of Approval
November 2019 $5 billion
November 2022 $5 billion
There is no expiration date for the new common stock repurchase authorization.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.