Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
Purchases of our common stock during the third quarter of 2025 were as follows:
Total Number of
Shares Purchased as
Maximum Number of
Total Number of
Part of Publicly
Shares that May Yet Be
Shares
Announced Plans or
Purchased under the
Purchased (2)
Average Price
Programs (1)
Plans or Programs (1)
Period
(thousands)
Per Share
(thousands)
(millions)
Apr 28 to May 25
15.9
May 26 to Jun 22
272
$
519.79
271
15.6
Jun 23 to Jul 27
310
514.24
310
15.3
Total
582
581
(1) We have a share repurchase plan that was announced in December 2022 to purchase up to $18.0 billion of shares of our common stock. The maximum number of shares that may yet be purchased under this plan was 15.3 million based on the closing price of our common stock on the New York Stock Exchange as of the end of the third quarter of 2025 of $517.38 per share. At the end of the third quarter of 2025, $7.9 billion of common stock remained to be purchased under this plan.
(2) In the third quarter of 2025, one thousand shares of common stock were acquired from plan participants at the weighted-average market price of $485.89 per share to pay payroll taxes on the vesting of restricted stock awards.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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.