1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: On August 26, 2025, our Board of Directors approved an additional $60.0 billion in share repurchase authorization, without expiration.
−Removed: 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.
−Removed: As of October 26, 2025, we were authorized, subject to certain specifications, to repurchase up to $62.2 billion of our common stock.
−Removed: 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.
+Added: We repurchased 108 million shares of our common stock for $20.2 billion during the first quarter of fiscal year 2027.
+Added: As of April 26, 2026, we were authorized, subject to certain specifications, to repurchase up to $38.5 billion of our common stock.
+Added: On May 18, 2026, our Board of Directors approved an additional $80.0 billion in share repurchase authorization, without expiration.
+Added: We paid cash dividends to our shareholders of $243 million during the first quarter of fiscal year 2027.
+Added: On May 18, 2026, we increased our quarterly cash dividend from $0.01 per share to $0.25 per share to all shareholders of record on June 4, 2026.
+Added: Our quarterly cash dividend will be paid on June 26, 2026.
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 third quarter of fiscal year 2026:
+Added: The following table presents details of our share repurchase transactions during the first quarter of fiscal year 2027:
Period Total Number
3 unchanged sentences
(In billions)
−Removed: July 28, 2025 - August 24, 2025 17.9 $ 178.74 17.9 $ 11.5
−Removed: August 25, 2025 - September 21, 2025 21.1 $ 174.35 21.1 $ 67.8
−Removed: September 22, 2025 - October 26, 2025 30.6 $ 183.68 30.6 $ 62.2
+Added: January 26, 2026 - February 22, 2026 8.2 $ 186.35 8.2 $ 57.0
+Added: February 23, 2026 - March 22, 2026 9.0 $ 183.38 9.0 $ 55.4
+Added: March 23, 2026 - April 26, 2026 91.1 $ 184.98 91.1 $ 38.5
Total 108.3 108.3
(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 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 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.
+Added: During the first quarter of fiscal year 2027, we withheld approximately 12 million shares, for a total value of $2.1 billion through net share settlements.
Recent Sales of Unregistered Securities and Use of Proceeds
−Removed: 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.
−Removed: 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).
+Added: On February 17, 2026, we acquired a company and issued to a key employee a total of 37,890 shares of our common stock, valued at approximately $7 million based on our closing stock price on the issuance date.
+Added: On April 10, 2026, we acquired a company and issued to key employees a total of 72,972 shares of our common stock, valued at approximately $14 million based on our closing stock price on the issuance date.
+Added: 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).
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.