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 (2) Total Number of
Shares Purchased
as Part of the
Publicly
Announced
Common Stock Repurchase Plan (1) Maximum Approximate Dollar Value
of Shares that
may yet be
Purchased under
the Common Stock
Repurchase Plan (1) (2)
Period
October 1 to 31, 2025 519,252 $ 284.20 519,252 $ 1,286,258,009
November 1 to 30, 2025 674,012 $ 256.23 674,012 $ 1,113,558,970
December 1 to 31, 2025 741,860 $ 262.74 741,860 $ 918,641,111
Total 1,935,124 1,935,124
(1) The Company received the Board of Directors' approval in November 2022 to repurchase $5 billion of its common stock, as reflected in the table above. In January 2026, the Company received the Board of Directors' approval to repurchase $6 billion of its common stock, which replaces in its entirety the previous 2022 authorization.
(2) 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.
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.