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) (3)
Period
July 1 to 31, 2023 352,087 $ 231.80 350,739 $ 4,234,453,654
August 1 to 31, 2023 318,804 $ 250.06 318,706 $ 4,154,757,578
September 1 to 30, 2023 728,113 $ 242.84 363,330 $ 4,065,531,455
Total 1,399,004 1,032,775
(1) During the three months ended September 30, 2023, pursuant to the terms of our restricted stock program, the Company purchased 366,229 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) The Company received the Board of Directors' approval to repurchase shares of the Company's common stock as follows:
Date of Approval
November 2022 $5 billion
(3) Inclusive of the impact of the one-percent excise tax under the Inflation Reduction Act of 2022.
There is no expiration date for the common stock repurchase authorization.
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