11 unchanged sentences
S&P Retail Index 100.00 120.61 170.52 180.58 152.80 210.02
+Added: Table of Content s
Issuer Purchases of Equity Securities
5 unchanged sentences
Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs 2, 3
−Removed: October 29, 2022 - November 25, 2022 4
−Removed: 5,955,618 $ 197.92 5,955,320 $ 6,427,480,025
November 4, 2023 - December 1, 2023 157 $ 198.14 — $ 14,986,000,605
−Removed: December 31, 2022 - February 3, 2023 4
−Removed: 4,015,907 204.87 4,008,843 20,727,480,160
+Added: December 2, 2023 - January 5, 2024 2,089 223.14 — 14,986,000,605
+Added: January 6, 2024 - February 2, 2024 1,850,715 216.18 1,850,264 14,586,002,236
As of February 2, 2024 1,852,961 $ 216.19 1,850,264 $ 14,586,002,236
1 The total number of shares purchased includes shares withheld from employees to satisfy either the exercise price of stock options or the statutory withholding tax liability upon the vesting of share-based awards.
−Removed: 2 On December 7, 2022, the Company announced that its Board of Directors authorized an additional $15.0 billion of share repurchases, in addition to the $13.0 billion of share repurchases authorized by the Board of Directors in December 2021, with no expiration.
−Removed: 3 As of January 1, 2023, the Company’s share repurchases in excess of issuances are subject to a 1% excise tax enacted by the Inflation Reduction Act.
−Removed: Any excise tax incurred on share repurchases is recognized as part of the cost basis of the shares acquired in the consolidated statements of shareholders’ (deficit)/equity.
−Removed: 4 In November 2022, the Company entered into an Accelerated Share Repurchase (ASR) agreement with a third-party financial institution to repurchase the Company’s common stock.
−Removed: At inception, pursuant to the agreement, the Company paid $530 million to the financial institution and received an initial delivery of 2.0 million shares.
−Removed: In January 2023, prior to the end of the fiscal year, the Company finalized the transaction and received an additional 0.6 million shares.
−Removed: The average price paid per share in settlement of the ASR agreement included in the table above was determined with reference to the volume-weighted average price of the Company’s common stock over the term of the ASR agreement.
−Removed: See Note 10 to the consolidated financial statements included herein for additional information regarding share repurchases.
+Added: 2 On December 7, 2022, the Company announced that its Board of Directors authorized an additional $15.0 billion of share repurchases with no expiration.
+Added: 3 Excludes excise tax on share repurchases in excess of issuances, which is recognized as part of the cost basis of the shares acquired in the consolidated statements of shareholders’ (deficit)/equity.
Item 6 - Reserved
Not applicable.
+Added: Table of Content s
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.