filings.toolsItem 1A. Risk Factors
3K characters. Original on sec.gov · Markdown
Item 1A. Risk Factors
See “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Unregistered Sales of Equity Securities
None.
Issuer Purchases of Equity Securities
Information relating to the Company’s purchases of its common stock during the three months ended March 31, 2025 is as follows:
| Period | Total Number of Shares Purchased (in millions) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (in millions) | Maximum Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs**(1)** (in millions) | ||||||||||||||||||||||
| January 1 through January 31, 2025 | 0.1 | $ | 187.76 | 0.1 | $ | 570.1 | ||||||||||||||||||||
| February 1 through February 28, 2025 | 0.2 | 189.52 | 0.2 | 1,278.0 | ||||||||||||||||||||||
| March 1 through March 31, 2025 | 0.8 | 168.90 | 0.8 | 1,137.5 | ||||||||||||||||||||||
| Total | 1.1 | 1.1 |
(1)The amounts presented in this column are the remaining total authorized value to be spent after each month’s repurchases.
On February 5, 2025, we announced that our Board of Directors authorized a $750 million increase to our share repurchase program (which was incremental to the remaining amount under the $750 million authorization announced on February 7, 2024) under which we may repurchase shares of our common stock from time to time in privately negotiated transactions, open market purchases or other transactions as permitted by securities laws and other legal requirements. The timing and amounts of any purchases will be based on market conditions and other factors including but not limited to share price, regulatory requirements and capital availability. The program does not require the purchase of any minimum dollar amount or number of shares, and the program may be modified, suspended or discontinued at any time.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
Previous: Item 4. Controls and Procedures · Next: Item 5. Other Information