Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Share repurchase activity during the three months ended June 30, 2025 was as follows (in millions, except number of shares):
Period
Number of shares purchased Weighted average price per share Purchased as part of publicly announced repurchase plan (i)
Approximate dollar value of shares that may yet be purchased on repurchase plan (i)
Approximate shares that may yet be purchased on repurchase plan
April 1, 2025 to April 30, 2025
— $ — $ — $ — —
May 1, 2025 to May 31, 2025
— $ — $ — $ 50,000 19,270,951
June 1, 2025 to June 30, 2025 1,874,951 $ 1.92 $ 3,612 $ 46,388 17,396,000
1,874,951 $ 3,612
(i) On May 7, 2025, the Company was authorized by the Board to purchase up to $50,000 of the Company’s common shares under a share repurchase program announced on May 8, 2025, of which $3,612 had been repurchased as of June 30, 2025. The repurchase program is expected to terminate on May 13, 2026, unless earlier terminated.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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