Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Issuer Purchases of Equity Securities
−Removed: The Company’s purchases of its common stock during the third quarter of 2022 were as follows:
+Added: The Company’s purchases of its common stock during the first quarter of 2023 were as follows:
Total Number of
6 unchanged sentences
Purchased under the
+Added: Purchased (2)
Average Price
Plans or Programs (1)
−Removed: Paid Per Share
−Removed: May 2 to May 29
−Removed: May 30 to Jun 26
−Removed: Jun 27 to Jul 31
+Added: Oct 31 to Nov 27
+Added: Nov 28 to Dec 25
+Added: Dec 26 to Jan 29
(1) The Company has a share repurchase plan that was announced in December 2019 to purchase up to $8,000 million of shares of the Company’s common stock.
−Removed: The maximum number of shares that may yet be purchased under this plan was based on the end of the third quarter closing share price of $343.18 per share.
−Removed: At the end of the third quarter of 2022, $3,348 million of common stock remained to be purchased under the plan.
+Added: The maximum number of shares that may yet be purchased under the December 2019 plan was 2.4 million shares based on the end of the first quarter 2023 closing share price of $418.18 per share.
+Added: At the end of the first quarter of 2023, $995 million of common stock remains to be purchased under the December 2019 plan.
+Added: In December 2022, the Board of Directors authorized the repurchase of up to $18,000 million of additional common stock.
+Added: Based on the first quarter 2023 closing share price, the maximum number of shares that may be repurchased under the December 2022 plan was 43.0 million shares.
+Added: (2) In the first quarter of 2023, 57 thousand shares were acquired from plan participants at a market price to pay payroll taxes on certain restricted stock awards.
+Added: The shares were valued at a weighted-average market price of $434.88.
Defaults Upon Senior Securities
2 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.