Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Repurchase of equity securities
Stock repurchases during the three months ended July 4, 2025 were as follow:
(In millions, except per share data) Total Number of Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (2)
March 29, 2025 to April 25, 2025 — $ — — $ 2,728
April 26, 2025 to May 30, 2025 5 $ 27.86 5 $ 2,594
May 31, 2025 to July 4, 2025 — $ — — $ 2,594
Total number of shares repurchased 5 5
(1) The number of shares repurchased is reported on trade date.
(2) Under our stock repurchase program, shares may be repurchased on the open market and through accelerated stock repurchase transactions. As of July 4, 2025, we have $2,594 million remaining authorized to be completed in future periods with no expiration date.
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.