3 unchanged sentences
In May 2015, the Company’s Board of Directors (the “Board”) authorized a share repurchase program to repurchase up to $1.2 billion of the Company’s common stoc k.
−Removed: The Board authorized incremental share repurchases of up to an aggregate additional $4.1 billion of the Company’s common stock from February 2021 to July 2024.
+Added: The Board authorized incremental share repurchases of up to an aggregate additional $5.8 billion of the Company’s common stock from February 2021 to September 2025, including $1.0 billion authorized in September 2025.
The Company may repurchase its common stock from time-to-time in amounts, at prices and in the manner that the Company deems appropriate, subject to the availability of stock, prevailing market conditions, the trading price of the stock, the Company’s financial performance and other conditions.
1 unchanged sentence
Repurchases may also be made from time-to-time in connection with the settlement of the Company’s stock-based compensation awards.
−Removed: The table below summarizes the repurchases of our common stock during the three months ended June 30, 2025.
+Added: The table below summarizes the repurchases of our common stock during the three months ended September 30, 2025.
Purchased (#) Average
4 unchanged sentences
(in thousands)
−Removed: April 1, 2025 to April 30, 2025 105,982 $ 389.84 105,748 $ 832,634
−Removed: May 1, 2025 to May 31, 2025 225,922 443.11 216,703 736,638
−Removed: June 1, 2025 to June 30, 2025 327,979 409.78 327,598 $ 602,395
+Added: July 1, 2025 to July 31, 2025 684,619 $ 368.27 684,477 $ 1,050,321
+Added: August 1, 2025 to August 31, 2025 2,481,866 243.39 2,481,610 446,324
+Added: September 1, 2025 to September 30, 2025 788,548 245.28 787,445 $ 1,253,180
Total for the quarter (1) 3,955,033 $ 265.38 3,953,532
−Removed: (1) The repurchased shares during the three months ended June 30, 2025 included 9,834 shares purchased for the settlement of stock-based compensation awards and 650,049 shares purchased in the open market.
+Added: (1) The repurchased shares during the three months ended September 30, 2025 included 1,501 shares purchased for the settlement of stock-based compensation awards and 3,953,532 shares purchased in the open market.
Amounts presented exclude the excise tax accrual.
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.