Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The following table provides information about share repurchases of our common stock during the quarter ended September 30, 2024:
+Added: The following table provides information about share repurchases of our common stock during the quarter ended March 31, 2025:
Total Number of Shares Purchased Average Price Paid per Share (1)
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Period (In thousands)
−Removed: July 1, 2024 — July 31, 2024 1,372,259 $ 43.80 1,372,259 $ 1,206,365
−Removed: August 1, 2024 — August 31, 2024 6,926,892 $ 37.58 6,926,892 $ 946,039
−Removed: September 1, 2024 — September 30, 2024 — $ — — $ 946,039
−Removed: In November 2023, we announced that the Board of Directors had authorized a $2.0 billion stock repurchase plan.
+Added: January 1, 2025 — January 31, 2025 5,998,189 $ 33.40 5,998,189 $ 615,524
+Added: February 1, 2025 — February 28, 2025 2,750,644 $ 35.07 2,750,644 $ 519,058
+Added: March 1, 2025 — March 31, 2025 6,204,770 $ 31.71 6,204,770 $ 322,304
+Added: (1) In accordance with applicable disclosure requirements, the “Average Price Paid per Share” figures presented above are calculated on an execution date (trade date) basis and exclude commissions and other expenses, such as excise taxes.
+Added: Figures presented under “Dollar Value of Shares that May Yet be Purchased Under the Program” indicate the total amount of authorized capacity remaining in accordance with the terms of the applicable publicly announced share repurchase plan, which excludes the cost of commissions and other expenses, such as excise taxes.
+Added: In November 2023, we announced that the Board of Directors had authorized a $2.0 billion stock repurchase plan and in April 2025, we announced that the Board of Directors had authorized a $2.0 billion stock repurchase plan.
Under the stock repurchase plans, we may repurchase shares from time to time in the open market or in privately negotiated agreements.
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The timing, volume and nature of stock repurchases will be at the sole discretion of management, dependent on market conditions, applicable securities laws, and other factors, and may be suspended or discontinued at any time.
−Removed: All shares we repurchased during the quarter ended September 30, 2024 were purchased pursuant to our publicly announced stock repurchase plan and have been retired.
+Added: All shares we repurchased during the quarter ended March 31, 2025 were purchased pursuant to our publicly announced stock repurchase plan and have been retired.
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.