Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Issuer Purchases of Equity Securities
The following table provides information about our share repurchase activity during the thirteen weeks ended March 29, 2026.
Period (1)
Total number
of shares
purchased Average
price paid
per share (2)
Total number
of shares
purchased as
part of publicly
announced plans
or programs Approximate
dollar value
of shares that
may yet be
purchased under
the plans or
programs (3)
December 29, 2025 - January 25, 2026 633,276 $ 78.95 633,276 $ 791,006,000
January 26, 2026 - February 22, 2026 716,355 $ 69.80 716,355 $ 736,005,000
February 23, 2026 - March 29, 2026 538,643 $ 74.26 538,643 $ 696,005,000
Total 1,888,274 1,888,274
(1) Periodic information is presented by reference to our fiscal periods during the first quarter of fiscal year 2026.
(2) Average price paid per share includes costs associated with the purchases, but excludes the excise tax on share repurchases imposed as part of the Inflation Reduction Act of 2022.
(3) On August 13, 2025, our board of directors authorized a new $1 billion share repurchase program of our common stock. The new repurchase authorization does not have an expiration date. The shares may be purchased on a discretionary basis from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans.
30
Table of Contents
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.