Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
On August 11, 2021, our Board of Directors authorized a $15 billion share repurchase program with no stated expiration. Under the program, we have repurchased 24.9 million shares of common stock for a total investment of $5.5 billion. The table below presents information with respect to Target common stock purchases made during the three months ended August 3, 2024 by Target or any "affiliated purchaser" of Target, as defined in Rule 10b-18(a)(3) under the Exchange Act.
Share Repurchase Activity Total Number
of Shares
Purchased Average
Price
Paid per
Share Total Number of
Shares Purchased
as Part of Publicly Announced Programs Dollar Value of
Shares that May
Yet Be Purchased
Under Publicly Announced Programs
Period
May 5, 2024 through June 1, 2024
Open market and privately negotiated purchases — $ — — $ 9,680,505,231
June 2, 2024 through July 6, 2024
Open market and privately negotiated purchases 569,581 144.42 569,581 9,598,244,576
July 7, 2024 through August 3, 2024
Open market and privately negotiated purchases 493,411 147.69 493,411 9,525,370,720
Total 1,062,992 $ 145.94 1,062,992 $ 9,525,370,720
Item 3. Defaults Upon Senior Securities
Not applicable.
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.