1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: We repurchased 108 million shares of our common stock for $20.2 billion during the first quarter of fiscal year 2027.
−Removed: As of April 26, 2026, we were authorized, subject to certain specifications, to repurchase up to $38.5 billion of our common stock.
+Added: We repurchased 94 million and 203 million shares of our common stock for $19.7 billion and $39.8 billion during the second quarter and first half of fiscal year 2027, respectively.
On May 18, 2026, our Board of Directors approved an additional $80.0 billion in share repurchase authorization, without expiration.
−Removed: We paid cash dividends to our shareholders of $243 million during the first quarter of fiscal year 2027.
−Removed: 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.
−Removed: Our quarterly cash dividend will be paid on June 26, 2026.
+Added: As of July 26, 2026, we were authorized, subject to certain specifications, to repurchase up to $99.3 billion of our common stock.
+Added: We paid cash dividends to our shareholders of $6.0 billion and $6.3 billion during the second quarter and first half of fiscal year 2027, respectively.
+Added: On May 18, 2026, we increased our quarterly cash dividend from $0.01 per share to $0.25 per share.
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 first quarter of fiscal year 2027:
+Added: The following table presents details of our share repurchase transactions during the second quarter of fiscal year 2027:
Period Total Number
3 unchanged sentences
(In billions)
−Removed: January 26, 2026 - February 22, 2026 8.2 $ 186.35 8.2 $ 57.0
−Removed: February 23, 2026 - March 22, 2026 9.0 $ 183.38 9.0 $ 55.4
−Removed: March 23, 2026 - April 26, 2026 91.1 $ 184.98 91.1 $ 38.5
+Added: April 27, 2026 - May 24, 2026 28.7 $ 214.32 28.7 $ 112.7
+Added: May 25, 2026 - June 21, 2026 7.2 $ 211.29 7.2 $ 111.1
+Added: June 22, 2026 - July 26, 2026 58.5 $ 202.40 58.5 $ 99.3
Total 94.4 94.4
4 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 first quarter of fiscal year 2027, we withheld approximately 12 million shares, for a total value of $2.1 billion through net share settlements.
+Added: During the second quarter and first half of fiscal year 2027, we withheld approximately 12 million and 23 million shares, respectively, for a total value of $2.4 billion and $4.5 billion, respectively, through net share settlements.
Recent Sales of Unregistered Securities and Use of Proceeds
−Removed: 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.
−Removed: 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: On May 15, 2026, we acquired a company and issued to key employees a total of 926,447 shares of our common stock, valued at approximately $209 million based on our closing stock price on the issuance date.
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.