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Issuer Purchases of Equity Securities
−Removed: Effective November 2, 2022, our Board of Directors authorized a new two-year program to repurchase up to an aggregate of $1.5 billion of our outstanding common stock.
−Removed: During the three months ended December 31, 2022, we repurchased 33 million shares of our outstanding common stock in the open market.
−Removed: These shares were repurchased for an aggregate market price of $200 million, or an average purchase price of $6.07 per share.
−Removed: All repurchased common stock has been retired.
+Added: During the fourth quarter of 2022, our Board of Directors authorized a two-year program to repurchase up to an aggregate of $1.5 billion of our outstanding common stock.
+Added: During the three months ended December 31, 2022, we repurchased and retired 33 million shares of our outstanding common stock in the open market for an aggregate market price of $200 million, or an average purchase price of $6.07 per share.
+Added: Since then, we have not repurchased any shares of our outstanding common stock under this program.
For additional information, see Note 20—Repurchases of Lumen Common Stock to our consolidated financial statements included in Item 8 of Part II of this report.
−Removed: The following table contains information about shares of our previously-issued common stock that were repurchased under our above-described Stock Repurchase Program:
−Removed: Total Number of Shares Purchased Average Price Paid
−Removed: Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
−Removed: November 2022 28,413,768 $ 6.16 28,413,768 $ 1,325,011,442
−Removed: December 2022 4,559,200 $ 5.48 4,559,200 $ 1,300,012,827
The following table contains information about shares of our previously-issued common stock that we withheld from employees upon vesting of their stock-based awards during the fourth quarter of 2023 to satisfy the related tax withholding obligations:
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December 2023 117,524 1.55
+Added: Total 241,667
Equity Compensation Plan Information
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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.