Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: There were no sales of unregistered equity securities during the quarter ended March 31, 2024.
−Removed: The following table provides information about our repurchases of our common stock that is registered pursuant to Section 12 of the Securities Exchange Act of 1934 during the quarter ended March 31, 2024.
+Added: There were no sales of unregistered equity securities during the quarter ended June 30, 2024.
+Added: The following table provides information about our repurchases of our common stock that is registered pursuant to Section 12 of the Securities Exchange Act of 1934 during the quarter ended June 30, 2024.
Purchased Average
5 unchanged sentences
(in millions)
−Removed: January 1, 2024 – January 28, 2024
+Added: April 1, 2024 – April 28, 2024
58,858 $ 461.85 58,000 $ 8,997
−Removed: January 29, 2024 – February 25, 2024
+Added: April 29, 2024 – May 26, 2024
970,272 $ 465.71 970,153 $ 8,545
−Removed: February 26, 2024 – March 31, 2024 (c)
+Added: May 27, 2024 – June 30, 2024 (c)
807,210 $ 460.11 807,206 $ 8,173
2 unchanged sentences
As a result, our fiscal months often differ from the calendar months.
−Removed: For example, February 25, 2024 was the last day of our February 2024 fiscal month.
+Added: For example, May 26, 2024 was the last day of our May 2024 fiscal month.
(b) In 2010, our Board of Directors approved a share repurchase program pursuant to which we are authorized to repurchase our common stock in privately negotiated transactions or in the open market at prices per share not exceeding the then-current market prices.
From time to time, our Board of Directors authorizes increases to our share repurchase program.
−Removed: The total remaining authorization for future common share repurchases under our share repurchase program was $9.0 billion as of March 31, 2024.
+Added: The total remaining authorization for future common share repurchases under our share repurchase program was $8.2 billion as of June 30, 2024.
Under the program, management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation.
1 unchanged sentence
The program does not have an expiration date.
−Removed: (c) During the quarter ended March 31, 2024, the total number of shares purchased included 266,253 shares that were transferred to us by employees in satisfaction of tax withholding obligations associated with the vesting of restricted stock units and performance stock units.
+Added: (c) During the quarter ended June 30, 2024, the total number of shares purchased included 981 shares that were transferred to us by employees in satisfaction of tax withholding obligations associated with the vesting of restricted stock units.
These purchases were made pursuant to a separate authorization by our Board of Directors and are not included within the program.
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.