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 January 2, 2026 were as follow:
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(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)
October 4, 2025 to October 31, 2025 — $ — — $ 2,594
November 1, 2025 to November 28, 2025 11 $ 26.57 11 $ 2,294
November 29, 2025 to January 2, 2026 — $ — — $ 2,294
Total number of shares repurchased 11 11
(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 January 2, 2026, we have $2,294 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.