Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Purchases of Equity Securities. We may repurchase shares on the open market in accordance with established repurchase plans. Whether repurchases are made and the timing and amount of repurchases depend on a variety of factors including market conditions, our capital position, internal cash generation and other factors. We also repurchase shares in connection with stock option and stock award activities to satisfy tax withholding obligations.
The following table presents repurchases of our common stock during the three months ended July 31, 2026:
Period (1)
Total Number of
Shares (or Units)
Purchased (2)
Average Price Paid
per Share (or Unit) Total Number of
Shares (or Units)
Purchased as Part of
Publicly Announced
Plans or Programs Maximum Number of
Shares (or Units)
that May Yet Be
Purchased Under
the Plans or
Programs (3)(4)
May 2, 2026 - June 5, 2026
545,897 $ 97.59 543,037 4,232,937
June 6, 2026 - July 3, 2026
203,892 108.28 203,892 4,163,293
July 4, 2026 - July 31, 2026
132,124 114.52 130,611 3,816,147
Total 881,913 $ 102.60 877,540
(1) Date ranges represent our fiscal periods during the current quarter. Our fiscal quarters typically consist of one five-week period and two four-week periods.
(2) Includes shares purchased on surrender by stockholders of previously owned shares to satisfy minimum statutory tax withholding obligations related to vesting of stock awards in addition to shares purchased under our publicly announced plans or programs.
(3) In December 2024, our Board of Directors authorized the repurchase of up to $1.2 billion of our outstanding common stock under our existing share repurchase plan. As of July 31, 2026, we have repurchased approximately 31.2 million shares of common stock under the program for approximately $2.8 billion, which included amounts previously authorized under the plan prior to December 2024.
(4) The maximum number of shares that may yet be purchased under our publicly announced plans or programs is calculated by taking the total remaining dollars authorized at the end of each period and dividing it by the closing stock price as of the period end date.
Item 3. Defaults Upon Senior Securities
No information is required in response to this item.
Item 4. Mine Safety Disclosures
No information is required in response to this item.
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SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
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.