8 unchanged sentences
Holders of Record
−Removed: As of December 31, 2024 , there were approxim ately 7,743 and 1,671 stockholders of record of our Class A stock and Class C stock, respectively.
+Added: As of December 31, 2025 , there were approxim a tely 5,861 and 1,611 stock holders of record of our Class A stock and Class C stock, respectively.
Because many of our shares of Class A stock and Class C stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
20 unchanged sentences
Total 1,050 19,190 20,240
−Removed: (1) R epurchases are being executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans.
−Removed: The repurchase program does not have an expiration date.
+Added: (1) In April 2024, the company's Board of Directors authorized a $70.0 billion share repurchase program for its Class A and Class C shares.
+Added: In April 2025, the company's Board of Directors authorized an additional $70.0 billion share repurchase program for its Class A and Class C shares.
+Added: Repurchases are being executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans.
+Added: The repurchase programs do not have an expiration date.
For additional information related to share repurchases, see Note 11 o f the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.
29 unchanged sentences
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.