Dell Technologies Inc. 10-Q

ITEM 2 — UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES Purchases of Equity Securities The following table presents information with respect to our purchases of Class C Common Stock during the third quarter of Fiscal 2024: Period Total Number of Shares Purchased Weighted Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Programs (in millions, except per share amounts) Repurchases from August 5, 2023 to September 1, 2023 1.5 $ 56.67 1.5 $ 906 Repurchases from September 2, 2023 to September 29, 2023 2.6 $ 69.83 2.6 $ 722 Repurchases from September 30, 2023 to November 3, 2023 7.1 $ 67.30 7.1 $ 5,243 Total 11.2 11.2 This table excludes shares withheld from stock awards to settle employee withholding obligations related to the vesting of such awards. Effective as of September 23, 2021, our Board of Directors approved our current stock repurchase program with no established expiration date under which we may repurchase from time to time, through open market purchases, block trades, or accelerated or other structured share purchases, up to $5 billion of shares of Class C Common Stock, exclusive of any fees, commissions, or other expenses related to such repurchases. Effective as of October 5, 2023, the Company’s Board of Directors approved the repurchase of an additional $5 billion of shares of the Class C Common Stock with no fixed expiration date. Following the approval, the Company had approximately $5.7 billion in authorized amount remaining available under the stock repurchase program. See Note 13 of the Notes to the Condensed Consolidated Financial Statements included in this report for additional information about the stock repurchase program. 87 Table of Contents