Item 1A. RISK FACTORS

There have been no material changes from the risk factors previously disclosed in Item 1A of our 2024 Annual Report on Form 10-K.

ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

The table below summarizes Comcast’s common stock repurchases during the three months ended June 30, 2025.


Period	Total Number of Shares Purchased	Average Price Per Share		Total Number of Shares Purchased as Part of Publicly Announced Authorization	Total Dollar Amount Purchased Under the Publicly Announced Authorization		Maximum Dollar Value of Shares That May Yet Be Purchased Under the Publicly Announced Authorization(a)
April 1-30, 2025	22,083,752	$	34.19	22,083,752	$	755,023,294	$	12,920,172,646
May 1-31, 2025	16,861,674	$	34.69	16,861,674	$	585,006,970	$	12,335,165,676
June 1-30, 2025	10,337,795	$	34.82	10,337,795	$	359,970,098	$	11,975,195,578
Total	49,283,221	$	34.49	49,283,221	$	1,700,000,362	$	11,975,195,578

(a)In January 2024, our Board of Directors approved a new share repurchase authorization of $15 billion, which had no expiration date. In January of 2025, our Board of Directors terminated the existing program and approved a new share repurchase authorization of $15 billion effective as of January 31, 2025, which has no expiration date. We expect to repurchase additional shares of our Class A common stock under this authorization, in the open market or in private transactions, subject to market and other conditions.

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