Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Our stock repurchase activity for each of the three months in the quarter ended March 31, 2025 was:
+Added: Our stock repurchase activity for each of the three months in the quarter ended June 30, 2025 was:
Issuer Purchases of Equity Securities
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Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (2)
−Removed: January 1-31, 2025 24,391,743 $ 57.71 24,388,192 $ 7,592
−Removed: February 1-28, 2025 373,450 62.26 — 7,592
−Removed: March 1-31, 2025 744,342 64.47 741,252 7,545
−Removed: For the Quarter Ended March 31, 2025 25,509,535 $ 57.97 25,129,444
+Added: April 1-30, 2025 588,992 $ 64.70 580,090 $ 7,507
+Added: May 1-31, 2025 1,134,281 64.33 1,132,954 7,434
+Added: June 1-30, 2025 945 67.22 — 7,434
+Added: For the Quarter Ended June 30, 2025 1,724,218 $ 64.46 1,713,044
(1) The total number of shares purchased (and the average price paid per share) reflects:
(i) shares purchased pursuant to the repurchase program described in (2) below;
−Removed: and (ii) shares tendered to us by employees who used shares to exercise options and to pay the related taxes for grants of deferred stock that vested, totaling 3,551 shares, 373,450 shares and 3,090 shares for the fiscal months of January, February and March 2025, respectively.
+Added: and (ii) shares tendered to us by employees who used shares to exercise options and to pay the related taxes for grants of deferred stock that vested, totaling 8,902 shares, 1,327 shares and 945 shares for the fiscal months of April, May and June 2025, respectively.
(2) Dollar values stated in millions.
Effective January 1, 2025, our Board of Directors authorized a program for the repurchase of up to $9.0 billion of our Common Stock through December 31, 2027, excluding excise tax.
−Removed: During the three months ended March 31, 2025, we repurchased $1.5 billion, and as of March 31, 2025, we had approximately $7.5 billion share repurchase authorization remaining.
+Added: During the six months ended June 30, 2025, we repurchased $1.6 billion, and as of June 30, 2025, we had approximately $7.4 billion share repurchase authorization remaining.
See related information in Note 11, Stock Plans .
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.