UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Issuer Purchases of Equity Securities for Quarter Ended September 30, 2024
+Added: Issuer Purchases of Equity Securities for Quarter Ended March 31, 2025
Purchased (1)
per Share (2)
−Removed: 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
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (3)
+Added: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
(Billions of dollars) (4)
−Removed: July 2024 16,452,996 $115.18 16,452,996 $29.1
−Removed: August 2024 16,178,185 $117.14 16,178,004 $27.2
−Removed: September 2024 15,110,603 $114.02 15,109,901 $25.5
+Added: January 2025 14,679,994 $109.21 14,647,922 $38.4
+Added: February 2025 13,848,302 $109.82 13,843,816 $36.9
+Added: March 2025 14,929,749 $112.55 14,929,749 $35.2
Total 43,458,045 $110.55 43,421,487
2 unchanged sentences
excise tax on stock repurchases.
−Removed: (3) In its 2022 Corporate Plan Update released December 8, 2022, the Corporation stated that the company expanded its share repurchase program to up to $50 billion through 2024, including $15 billion of repurchases in 2022 and $17.5 billion in 2023.
−Removed: As stated in the 2023 Corporate Plan Update released December 6, 2023, the pace of the repurchase program increased to $20 billion annually through 2025 following the Pioneer transaction close, and is expected to total just over $19 billion in 2024.
(3) Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.
−Removed: During the third quarter, the Corporation did not issue or sell any unregistered equity securities .
+Added: (4) The Corporation continued its share repurchase program, originally initiated in 2022.
+Added: In its 2024 Corporate Plan Update released December 11, 2024, the Corporation stated that it expects to continue its share repurchase program with a $20 billion repurchase pace per year through 2026, assuming reasonable market conditions.
+Added: During the first quarter, the Corporation did not issue or sell any unregistered equity securities .
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.