1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: We repurchased 67 million and 193 million shares of our common stock for $9.7 billion and $24.2 billion during the second quarter and first half of fiscal year 2026, respectively.
−Removed: As of July 27, 2025, we were authorized, subject to certain specifications, to repurchase up to $14.7 billion of our common stock.
−Removed: We paid cash dividends to our shareholders of $244 million and $488 million during the second quarter and first half of fiscal year 2026, respectively.
+Added: On August 26, 2025, our Board of Directors approved an additional $60.0 billion in share repurchase authorization, without expiration.
+Added: We repurchased 70 million and 262 million shares of our common stock for $12.6 billion and $36.7 billion during the third quarter and first nine months of fiscal year 2026, respectively.
+Added: As of October 26, 2025, we were authorized, subject to certain specifications, to repurchase up to $62.2 billion of our common stock.
+Added: We paid cash dividends to our shareholders of $243 million and $732 million during the third quarter and first nine months of fiscal year 2026, respectively.
The payment of future cash dividends is subject to our Board of Directors' continuing determination that the declaration of dividends is in the best interests of our shareholders.
−Removed: The following table presents details of our share repurchase transactions during the second quarter of fiscal year 2026:
+Added: The following table presents details of our share repurchase transactions during the third quarter of fiscal year 2026:
Period Total Number
3 unchanged sentences
(In billions)
−Removed: April 28, 2025 - May 25, 2025 19.2 $ 120.61 19.2 $ 22.0
−Removed: May 26, 2025 - June 22, 2025 18.1 $ 141.61 18.1 $ 19.4
−Removed: June 23, 2025 - July 27, 2025 29.2 $ 161.65 29.2 $ 14.7
+Added: July 28, 2025 - August 24, 2025 17.9 $ 178.74 17.9 $ 11.5
+Added: August 25, 2025 - September 21, 2025 21.1 $ 174.35 21.1 $ 67.8
+Added: September 22, 2025 - October 26, 2025 30.6 $ 183.68 30.6 $ 62.2
Total 69.6 69.6
(1) Average price paid per share includes broker commissions, but excludes our liability under the 1% excise tax on the net amount of our share repurchases required by the Inflation Reduction Act of 2022.
−Removed: From July 28, 2025 through August 26, 2025, we repurchased 20 million shares for $3.5 billion pursuant to a pre-established trading plan.
−Removed: On August 26, 2025, our Board of Directors approved an additional $60.0 billion in share repurchase authorization, without expiration.
−Removed: As of August 26, 2025, a total of $71.2 billion was available for repurchase.
+Added: From October 27, 2025 through November 14, 2025, we repurchased 6 million shares for $1.1 billion pursuant to a pre-established trading plan.
We may execute repurchases from time to time, subject to market conditions, operating requirements and other investment opportunities, in the open market, in privately negotiated transactions, pursuant to a Rule 10b5-1 trading plan or in structured share repurchase agreements in compliance with Rule 10b-18 of the Exchange Act.
2 unchanged sentences
We withhold shares of our common stock associated with net share settlements to cover tax withholding obligations of awards under our employee equity incentive program.
−Removed: During the second quarter and first half of fiscal year 2026, we withheld approximately 13 million and 26 million shares, respectively, for a total value of $1.9 billion and $3.4 billion, respectively, through net share settlements.
+Added: During the third quarter and first nine months of fiscal year 2026, we withheld approximately 14 million and 39 million shares, respectively, for a total value of $2.4 billion and $5.8 billion, respectively, through net share settlements.
Recent Sales of Unregistered Securities and Use of Proceeds
−Removed: On June 13, 2025, we acquired a company and agreed to issue to key employees a total of 387,158 shares of our common stock, valued at $55 million based on our closing stock price on the acquisition date.
−Removed: The shares will be issued in installments commencing in fiscal year 2027 and through fiscal year 2031.
−Removed: On June 17, 2025, we acquired a company and issued to key employees a total of 89,338 shares of our common stock, valued at $13 million based on our closing stock price on the issuance date.
−Removed: The above securities were issued in transactions not involving a public offering pursuant to an exemption from registration set forth in Section 4(a)(2) of the Securities Act (and Regulation D or Regulation S promulgated thereunder).
+Added: On August 6, 2025, we acquired a company and issued to key employees a total of 97,075 shares of our common stock, valued at $17 million based on our closing stock price on the issuance date.
+Added: The above securities were issued in a transaction not involving a public offering pursuant to an exemption from registration set forth in Section 4(a)(2) of the Securities Act (and Regulation D or Regulation S promulgated thereunder).
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.