Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The following table provides information relating to our repurchase of common stock, excluding excise tax, during the three months ended May 31, 2024:
−Removed: Period Total Number
−Removed: Purchased (1)
−Removed: Average Price
−Removed: Paid per Share Total Number of
+Added: The following table provides information relating to our repurchase of common stock, excluding excise tax, during the three months ended November 30, 2024:
+Added: Period Total Number of
Shares Purchased (1)
−Removed: as Part of Publicly
−Removed: Announced Program (2)
−Removed: Dollar Value of
−Removed: Shares that May
−Removed: Yet Be Purchased
−Removed: Under the Program (in millions) (2)
−Removed: March 1, 2024 – March 31, 2024 1,843,540 $ 131.15 1,843,452 $ 934
−Removed: April 1, 2024 – April 30, 2024 1,897,938 $ 136.09 1,890,514 $ 676
−Removed: May 1, 2024 – May 31, 2024 — $ — — $ 676
+Added: Average Price
+Added: Paid per Share Total Number of Shares Purchased
+Added: as Part of Publicly Announced Program (2)(3)
+Added: Approximate Dollar Value of Shares
+Added: that May Yet Be Purchased Under
+Added: the Program (in millions) (3)
+Added: September 1, 2024 – September 30, 2024 980,164 $ 107.07 980,164 $ 1,000
+Added: October 1, 2024 – October 31, 2024 1,367,543 $ 123.80 1,044,543 $ 871
+Added: November 1, 2024 – November 30, 2024 786,013 $ 130.62 786,013 $ 768
Total 3,133,720 $ 120.28 2,810,720
(1) The purchases include amounts that are attributable to 323,000 shares surrendered to us by employees to satisfy, in connection with the vesting of restricted stock unit awards, their tax withholding obligations.
+Added: (2) In September 2023, our Board of Directors amended and increased the 2023 Share Repurchase Program to allow for the repurchase of up to $2.5 billion of our common stock as publicly announced in a press release on September 28, 2023 (the “Amended 2023 Repurchase Program”).
+Added: In September 2024, an ASR transaction was completed, and 1.0 million additional shares were delivered under the ASR agreements.
+Added: For more information, see “Liquidity and Capital Resources - Dividends and Share Repurchases”.
(3) In September 2024, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock as publicly announced in a press release on September 26, 2024 ("the 2025 Share Repurchase Program").
−Removed: As of August 31, 2023, 2.7 million shares had been repurchased for $224 million, excluding excise tax.
−Removed: In September 2023, our Board of Directors amended and increased the 2023 Share Repurchase Program to allow for the repurchase of up to $2.5 billion of our common stock as publicly announced in a press release on September 28, 2023.
Defaults Upon Senior Securities
2 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.