1 unchanged sentence
REPURCHASES OF EQUITY SECURITIES
−Removed: In June 2022, our Board of Directors authorized an additional stock repurchase program that provides for the repurchase of up to $15 billion of our common stock, with no expiration from the date of authorization.
+Added: In June 2022, our Board of Directors authorized a stock repurchase program that provides for the repurchase of up to $15 billion of our common stock, with no expiration from the date of authorization.
Our stock repurchase program is intended to offset the impact of dilution from our equity compensation programs and, subject to market conditions and other factors, may also be used to make opportunistic repurchases of our common stock to reduce outstanding share count.
2 unchanged sentences
We may terminate our stock repurchase program at any time without prior notice.
−Removed: The stock repurchase activity under our stock repurchase program during the three months ended September 30, 2023 is summarized below:
+Added: The stock repurchase activity under our stock repurchase program during the three months ended March 31, 2024 is summarized below:
Total number of shares purchased Average price
2 unchanged sentences
(In millions, except per share amounts)
−Removed: Balance as of June 30, 2023 $ 12,900
−Removed: July 1, 2023 through July 31, 2023 4.1 $ 71.17 4.1 12,610
−Removed: August 1, 2023 through August 31, 2023 7.2 $ 60.96 7.2 12,171
−Removed: September 1, 2023 through September 30, 2023
+Added: Balance as of December 31, 2023 $ 10,859
+Added: January 1, 2024 through January 31, 2024 — $ — — 10,859
+Added: February 1, 2024 through February 29, 2024 16.3 $ 59.07 16.3 9,896
+Added: March 1, 2024 through March 31, 2024
9.1 $ 59.39 9.1 9,358
−Removed: Balance as of September 30, 2023
+Added: Balance as of March 31, 2024
25.4 25.4 $ 9,358
4 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.