1 unchanged sentence
Purchases of Equity Securities
−Removed: The following table presents information with respect to our purchases of Class C Common Stock during the third quarter of Fiscal 2026:
+Added: The following table presents information with respect to our purchases of Class C Common Stock during the first quarter of Fiscal 2027:
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)
−Removed: Repurchases from August 2, 2025 to August 29, 2025 2.5 $ 132.74 2.5 $ 8,583
−Removed: Repurchases from August 30, 2025 to September 26, 2025 2.8 $ 129.53 2.8 $ 8,230
−Removed: Repurchases from September 27, 2025 to October 31, 2025 3.7 $ 152.20 3.7 $ 7,665
+Added: Repurchases from January 31, 2026 to February 27, 2026 5.2 $ 119.98 5.2 $ 15,179
+Added: Repurchases from February 28, 2026 to March 27, 2026 3.1 $ 152.39 3.1 $ 14,708
+Added: Repurchases from March 28, 2026 to May 1, 2026 2.7 $ 193.07 2.7 $ 14,181
Total 11.0 11.0
1 unchanged sentence
federal excise taxes and shares withheld from stock awards to settle employee withholding obligations related to the vesting of such awards.
−Removed: On September 23, 2021, our Board of Directors approved a stock repurchase program with no fixed expiration date under which we were authorized to repurchase up to $5 billion of shares of Class C Common Stock, exclusive of any fees, commissions, or other expenses related to such repurchases.
−Removed: On October 5, 2023 and February 27, 2025, our Board of Directors authorized additional shares for repurchase under the stock repurchase program of $5 billion and $10 billion, respectively.
−Removed: Following the February 27, 2025 approval, we had approximately $11.5 billion of authorized shares remaining under the program.
+Added: On September 23, 2021, our Board of Directors approved our current stock repurchase program with no fixed expiration date under which we may repurchase a specified dollar value of Class C Common Stock, exclusive of any fees, commissions, or other expenses related to such repurchases.
+Added: As of January 30, 2026, our Board of Directors authorized the repurchase of up to $20 billion of Class C Common Stock and, on February 26, 2026, authorized an additional $10 billion of Class C Common Stock for repurchase.
+Added: Following the February 26, 2026 approval, we had approximately $15.2 billion of authorized shares remaining for repurchase under the 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.
−Removed: Sales of Unregistered Securities
−Removed: During October 2025, the Company issued 2,763,440 shares of Class C Common Stock to stockholders upon the conversion of the same number of shares of our Class B Common Stock held by and at the election of such stockholders in accordance with our certificate of incorporation.
−Removed: The issuance of the Class C Common Stock in this transaction was made in reliance on the exemption from registration under the Securities Act of 1933 afforded by Section 3(a)(9) thereof.
−Removed: No commission or other remuneration was paid or given directly or indirectly for soliciting the exchange of these securities.
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.