filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
There have been no material changes to the risk factors previously disclosed in Part I, Item 1A, of our 2021 Annual Report.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The table below sets forth certain information regarding our purchases of common stock of BD during the quarter ended December 31, 2021.
Issuer Purchases of Equity Securities
| For the three months ended December 31, 2021 | Total Number of Shares Purchased (1) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (2) | ||||||||||||||||||||||
| October 1 – 31, 2021 (3) | 463,251 | $ | 251.87 | 462,062 | 753,131 | |||||||||||||||||||||
| November 1 – 30, 2021 | 112 | 243.13 | — | 10,753,131 | ||||||||||||||||||||||
| December 1 – 31, 2021 | — | — | — | 10,753,131 | ||||||||||||||||||||||
| Total | 463,363 | $ | 251.87 | 462,062 | 10,753,131 |
(1)Includes 1,301 shares purchased during the quarter in open market transactions by the trust relating to BD’s Deferred Compensation and Retirement Benefit Restoration Plan and 1996 Directors’ Deferral Plan.
(2)The repurchases were made pursuant to the repurchase program authorized by the Board of Directors on September 24, 2013 for 10 million shares, for which there is no expiration date. In November 2021, the Board of Directors authorized BD to repurchase up to an additional 10 million shares of BD common stock, for which there is also no expiration date.
(3)Includes 462,062 shares received upon final settlement of a $750 million accelerated share repurchase agreement (the “ASR agreement”) executed in August 2021. The total average price paid per share in the table above reflects the volume weighted average price of BD's shares over the term of the ASR agreement. Additional disclosures regarding this transaction are provided in Note 2 of the Notes to Condensed Consolidated Financial Statements in this report.
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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