5 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: In December 2021, our Board of Directors authorized a stock repurchase program to repurchase up to $10 billion of our common stock from time to time through December 31, 2022, which was subsequently extended to December 31, 2023.
−Removed: In May 2022, our Board of Directors authorized another stock repurchase program to repurchase up to an additional $10 billion of our common stock from time to time through December 31, 2023 (“May 2022 Authorization”).
−Removed: We repurchased and retired approximately 9 million and 12 million shares of our common stock for $5,824 million and $7,000 million under these stock repurchase programs during fiscal years 2023 and 2022, respectively.
−Removed: Repurchases under our stock repurchase programs may be effected through a variety of methods, including open market or privately negotiated purchases.
−Removed: The timing and amount of shares repurchased will depend on the stock price, business and market conditions, corporate and regulatory requirements, alternative investment opportunities, acquisition opportunities, and other factors.
−Removed: We are not obligated to repurchase any specific amount of shares of common stock, and the stock repurchase programs may be suspended or terminated at any time.
−Removed: The following table presents details of our various repurchases during the fiscal quarter ended October 29, 2023, pursuant to the May 2022 Authorization.
−Removed: Period Total Number of Shares Purchased (a)
−Removed: Average Price per Share Total Number of Shares Purchased as Part of Publicly Announced Plan (a)
−Removed: Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plan
−Removed: (In millions, except per share data)
−Removed: July 31, 2023 - August 27, 2023
−Removed: 0.1 $ 894.78 0.1 $ 7,209
−Removed: August 28, 2023 - September 24, 2023
−Removed: — $ — — $ 7,209
−Removed: September 25, 2023 - October 29, 2023
−Removed: $ 861.23 — (b)
−Removed: Total 0.1 $ 885.52 0.1
−Removed: _________________________________
−Removed: (a) We also paid approximately $454 million in employee withholding taxes due upon the vesting of net settled equity awards.
+Added: During the fiscal quarter ended November 3, 2024, we paid approximately $1,204 million in employee withholding taxes due upon the vesting of net settled equity awards.
We withheld approximately 8 million shares of common stock from employees in connection with such net share settlement at an average price of $160.31 per share.
−Removed: These shares may be deemed to be “issuer purchases” of shares and are not included in this table.
−Removed: (b) Represents fewer than 0.1 million shares.
+Added: These shares may be deemed to be “issuer purchases” of shares.
+Added: In December 2021, our Board of Directors authorized a stock repurchase program to repurchase up to $10 billion of our common stock from time to time through December 31, 2022, which was subsequently extended to December 31, 2023.
+Added: In May 2022, our Board of Directors authorized another stock repurchase program to repurchase up to an additional $10 billion of our common stock from time to time through December 31, 2023.
+Added: All $20 billion of the authorized amount under these stock repurchase programs was utilized prior to expiration on December 31, 2023.
Stock Performance Graph
−Removed: The following graph shows a comparison of cumulative total return for our common stock, the Standard & Poor’s 500 Stock Index (the “S&P 500 Index”) and the NASDAQ 100 Index for the five fiscal years ended October 29, 2023.
+Added: The following graph shows a comparison of cumulative total return for our common stock, the Standard & Poor’s 500 Stock Index (the “S&P 500 Index”) and the NASDAQ 100 Index for the five fiscal years ended November 3, 2024.
The total return graph and table assume that $100 was invested on November 1, 2019 (the last trading day of our fiscal year 2019) in each of Broadcom Inc.
4 unchanged sentences
Among Broadcom Inc., the S&P 500 Index and the NASDAQ 100 Index
−Removed: November 4, 2018 November 3, 2019 November 1, 2020 October 31,
−Removed: 2021 October 30,
+Added: November 3, 2019 November 1, 2020 October 31, 2021 October 30,
2022 October 29,
+Added: 2023 November 3, 2024
Broadcom Inc.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.