filings.toolsItem 1A. RISK FACTORS
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Item 1A. RISK FACTORS
As of the date of this filing, the Company and our operations continue to be subject to the risk factors previously discussed in the "Risk Factors" section contained in the 2025 Annual Report.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table contains information about our purchases of our Class A common stock equity securities during the three months ended June 30, 2026.
| Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of a Publicly Announced Program (1)(2) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)(2) | |||||||||||||
| April 1-30, 2026 | — | $ | — | — | $ | 1,348,978,828 | |||||||||||
| May 1-31, 2026 | — | $ | — | — | $ | 1,348,978,828 | |||||||||||
| June 1-30, 2026 | — | $ | — | — | $ | 1,348,978,828 | |||||||||||
| Total | — | $ | — | — |
(1)On July 30, 2021, our Board of Directors authorized the Company to repurchase up to $2 billion of its Class A common stock. On October 27, 2022, our Board of Directors authorized an increase to our repurchase program of $2 billion of additional Class A common stock, increasing its existing repurchase authorization of $2 billion to $4 billion. The repurchase program may be suspended or discontinued at any time and does not have a specified expiration date.
(2)During the three months ended June 30, 2026, we repurchased no shares of Class A common stock in the open market under our publicly announced purchase program.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
We have no mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K to report for the current quarter.
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