Item 2. Unregistered Sales of Equity Securities
ITEM 2 — UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table provides information about share repurchases made each month by the Company of its common stock during the quarter ended March 31, 2026:
Period
Total
Number of
Shares
Purchased Weighted
Average
Price Paid
Per Share (1)
Total Number
of Shares
Purchased as
Part of a Publicly
Announced Program Approximate
Dollar Value of
Shares that May
Yet Be Purchased
Under the Program
(in millions) (2)
January 1, 2026 — January 31, 2026
1,720,011 $ 57.29 1,720,011 $ 1,458
February 1, 2026 — February 28, 2026
9,401,365 $ 56.96 9,401,365 $ 922
March 1, 2026 — March 31, 2026
1,938,863 $ 54.49 1,938,863 $ 817
Total
13,060,239 13,060,239
__________________________
(1) Calculated excluding commissions and excise tax.
(2) In October 2024, our Board of Directors authorized increasing the remaining share repurchase amount of the share repurchase program from $195 million to $2.0 billion and extending its expiration date from November 3, 2025 to November 3, 2026. In April 2025, our Board of Directors authorized increasing the remaining share repurchase amount from $1.10 billion to $2.0 billion. In October 2025, our Board of Directors authorized increasing the remaining share repurchase amount of the share repurchase program from $645 million to $2.0 billion and extending its expiration date from November 3, 2026 to November 3, 2027.
All repurchases under the stock repurchase program are made from time to time at our discretion in accordance with applicable federal securities laws in the open market or otherwise, including pursuant to plans designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, privately negotiated transactions, accelerated share repurchases or block trades, subject to market conditions, applicable legal requirements and other factors. All share repurchases of our common stock have been recorded as treasury shares.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.