Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
A summary of the share repurchase activity for the company’s second quarter of 2026 follows:
Period Total number of shares purchased Average price paid per share (1) Total number of shares purchased as part of publicly announced plans or programs (2) Maximum dollar amount of shares that may yet be purchased under the plans or programs (1)(2)
(in millions)
Fiscal April (Mar. 29 - Apr. 2) — $ — — $ 2,000
Fiscal May (Apr. 3 - May 30) 1,534,188 478.98 1,534,188 1,265
Fiscal June (May 31 - Jun. 27) 537,650 493.16 537,650 1,000
Total second quarter 2,071,838 $ 482.66 2,071,838 $ 1,000
(1) Amounts exclude excise taxes and other transaction costs.
(2) On November 6, 2025, the Board of Directors authorized the repurchase of up to $5.00 billion of the company’s common stock. All of the shares of common stock repurchased by the company during 2026 were under this program.
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