Item 2. Unregistered Sales of Equity Securities
Item 2 Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
Purchases of equity securities. The following table summarizes our purchases of common stock for the three months ended December 31, 2025:
Period Total Number of Shares Purchased Average Price Paid per Share (USD) Total Number of Shares Purchased as Part of Publicly Announced Programs Maximum Number of Shares that May Yet Be Purchased Under the Program
October 1 - 31, 2025 — $ — 44,448,959 10,267,054
November 1 - 30, 2025 604,327 248.42 45,053,286 9,662,727
December 1 - 31, 2025 99,375 251.57 45,152,661 9,563,352
Total 703,702 $ 248.86 45,152,661 9,563,352
On February 21, 2014, our board of directors approved our current share repurchase program, authorizing us to acquire up to an aggregate of 20.0 million shares of our common stock. The program allows us to repurchase shares of our common stock from time to time for cash in the open market, or in negotiated or block transactions, as market and business conditions warrant and subject to applicable legal requirements. The share repurchase program may be accelerated, suspended, delayed or discontinued at any time at the discretion of our board of directors. All share repurchases after February 21, 2014 have been executed under this program. Since approval of the share repurchase program in 2014 through December 31, 2025, we have repurchased a total of 10.4 million shares under this repurchase program for an aggregate of $1.2 billion.
Item 3 Defaults Upon Senior Securities
None
Item 4 Mine Safety Disclosures
None
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