UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: On September 22, 2021, the Company announced a stock repurchase program authorizing the Company to purchase up to $1 billion in the aggregate of its outstanding Class A Common Stock and Class B Common Stock (the “2021 Repurchase Program”).
−Removed: On July 15, 2025, the Company announced a new stock repurchase program authorizing the Company to purchase up to $1 billion in the aggregate of the Company’s outstanding Class A Common Stock and Class B Common Stock (the “2025 Repurchase Program” and, together with the 2021 Repurchase Program, the “Stock Repurchase Programs”), which is in addition to the remaining authorized amount under the 2021 Repurchase Program.
+Added: On September 22, 2021, the Company announced a stock repurchase program authorizing the Company to purchase up to $1 billion in the aggregate of its outstanding Class A Common Stock and Class B Common Stock (the “2021 Repurchase Program”), which was completed during the three months ended March 31, 2026.
+Added: On July 15, 2025, the Company announced a new stock repurchase program authorizing the Company to purchase up to $1 billion in the aggregate of the Company’s outstanding Class A Common Stock and Class B Common Stock (the “2025 Repurchase Program” and, together with the 2021 Repurchase Program, the “Stock Repurchase Programs”), which was in addition to the remaining authorized amount under the 2021 Repurchase Program at that time.
The manner, timing, number and share price of any repurchases will be determined by the Company at its discretion and will depend upon such factors as the market price of the stock, general market conditions, applicable securities laws, alternative investment opportunities and other factors.
−Removed: The Stock Repurchase Programs have no time limit and may be modified, suspended or discontinued at any time.
−Removed: The following table details the Company’s monthly share repurchases during the three months ended December 31, 2025:
+Added: The 2025 Repurchase Program has no time limit and may be modified, suspended or discontinued at any time.
+Added: The following table details the Company’s monthly share repurchases during the three months ended March 31, 2026:
Total Number of Shares Purchased (a)
2 unchanged sentences
(in millions, except per share amounts)
−Removed: September 29, 2025 - October 26, 2025 1.3 0.6 $ 27.21 $ 30.75 1.9 $ 1,162
−Removed: October 27, 2025 - November 30, 2025 1.7 0.7 $ 25.98 $ 29.64 2.4 $ 1,096
−Removed: December 1, 2025 - December 28, 2025 1.4 0.6 $ 26.00 $ 29.55 2.0 $ 1,044
+Added: December 29, 2025 - January 25, 2026 1.3 0.5 $ 26.41 $ 30.29 1.8 $ 995
+Added: January 26, 2026 - March 01, 2026 2.1 1.0 $ 24.12 $ 27.38 3.1 $ 918
+Added: March 02, 2026 - March 29, 2026 1.7 0.9 $ 24.14 $ 27.18 2.6 $ 851
Total 5.1 2.4 $ 24.70 $ 27.97 7.5
6 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.