Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Our share repurchase activity for the third quarter of 2025 was as follows:
Total Number of
Maximum Dollar
Total Number
Average Price
Shares Purchased
Value That May
of Shares
Paid
as Part of Publicly
Yet Be Purchased
Period
Purchased
Per Share
Announced Plan
Under the Plan (1)
(in millions)
July 1 - July 31, 2025
59,189
$
296.93
59,189
$
1,006.9
August 1 - August 31, 2025
113,336
$
286.09
113,336
$
974.5
September 1 - September 30, 2025
39,348
$
278.50
39,348
$
963.6
Total
211,873
$
287.71
211,873
(1) All repurchases were made under our $1.5 billion share repurchase program authorized by our Board of Directors on October 22, 2024. The share repurchase program does not obligate us to repurchase any specific number of shares, does not have a specific expiration date and may be suspended or discontinued at any time. Under the share repurchase plan, shares may be repurchased through a variety of methods including, but not limited to, open market purchases, accelerated share repurchases, negotiated block purchases and transactions structured through investment banking institutions under plans relying on Rule 10b5-1 and/or Rule 10b-18 under the Exchange Act .
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.