9 unchanged sentences
under the Program (in billions) 1
−Removed: January 1-31, 2025 552,308 $ 376.35 552,308 $ 19.920
−Removed: February 1-28, 2025 6,273,914 $ 369.60 6,273,914 2
−Removed: March 1-31, 2025 689,059 $ 339.08 689,059 $ 16.468
+Added: April 1-30, 2025 1,790,132 $ 295.04 1,790,132 $ 15.940
+Added: May 1-31, 2025 543,069 $ 331.42 543,069 $ 15.760
+Added: June 1-30, 2025 332,974 $ 360.36 332,974 $ 15.640
Total 2,666,175 $ 310.61 2,666,175
1 unchanged sentence
In June 2024, the Board approved an additional share repurchase authorization (the 2024 Authorization) of up to $20.0 billion of Caterpillar common stock, effective June 12, 2024, with no expiration.
−Removed: As of March 31, 2025, the 2022 Authorization was fully utilized and approximately $16.5 billion remained available under the 2024 Authorization.
−Removed: 2 Includes shares acquired pursuant to the accelerated share repurchase agreements entered into during the first quarter of 2025.
+Added: As of March 31,2025, the 2022 Authorization was fully utilized and as of June 30,2025, approximately $15.6 billion remained available under the 2024 Authorization.
Employee Stock Purchase Plans
−Removed: As of March 31, 2025, we had 38 employee stock purchase plans (the “EIP Plans”) that are administered outside the United States for our non-U.S.
+Added: As of June 30, 2025, we had 38 employee stock purchase plans (the “EIP Plans”) that are administered outside the United States for our non-U.S.
employees, which had approximately 17,000 active participants in the aggregate.
−Removed: During the first quarter of 2025, approximately 50,000 shares of Caterpillar common stock were purchased by the EIP Plans pursuant to the terms of such plans.
+Added: During the second quarter of 2025, approximately 58,000 shares of Caterpillar common stock were purchased by the EIP Plans pursuant to the terms of such plans.
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.