1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: We may repurchase shares of our common stock from time to time pursuant to our $1.5 billion common stock repurchase authorization, which was approved by our Board of Directors effective October 31, 2023, and which replaced our prior $1.0 billion common stock repurchase authorization.
+Added: We may repurchase shares of our common stock from time to time pursuant to our $4.0 billion common stock repurchase authorization, which was approved by our Board of Directors in July 2024.
The authorization has no expiration date.
−Removed: During the three months ended June 30, 2024, we repurchased 3.0 million shares of our common stock at a total cost, including commissions and excise taxes, of $441.4 million.
−Removed: At June 30, 2024, there was $459.7 million remaining on the repurchase authorization.
+Added: During the three months ended December 31, 2024, we repurchased 6.8 million shares of our common stock at a total cost, including commissions and excise taxes, of $1.1 billion.
+Added: At December 31, 2024, there was $2.5 billion remaining on the repurchase authorization.
The following table sets forth additional information concerning our common stock repurchases during the quarter.
3 unchanged sentences
(In millions)
−Removed: April 2024 1,893,568 $ 149.77 1,893,568 $ 617.5
−Removed: May 2024 844,444 147.80 844,444 492.7
−Removed: June 2024 231,366 142.58 231,366 459.7
+Added: October 2024 2,104,051 $ 183.28 2,104,051 $ 3,251.1
+Added: November 2024 1,544,497 168.04 1,544,497 2,991.5
+Added: December 2024 3,154,219 145.08 3,154,219 2,533.9
Total 6,802,767 $ 162.11 6,802,767 $ 2,533.9
−Removed: ____________________________
−Removed: (1) In July 2024, our Board of Directors authorized the repurchase of up to $4.0 billion of our common stock, replacing the previous authorization, which at that time had $261.9 million remaining due to repurchases made subsequent to quarter end.
−Removed: The authorization has no expiration date.
The share repurchases may be effected through Rule 10b5-1 plans or open market purchases, each in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (Exchange Act).
−Removed: Shares repurchased in April and June 2024 included 988,494 shares and 26,349 shares, respectively, purchased pursuant to a trading plan under Rule 10b5-1 of the Exchange Act.
+Added: Shares repurchased in October and December 2024 included 1,612,755 shares and 1,676,373 shares, respectively, purchased pursuant to a trading plan under Rule 10b5-1 of the Exchange Act.
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.