filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
Some inherent risks could materially impact the company’s results of operations or financial condition. Information about risk factors for the three months ended March 31, 2026, does not differ materially from that set forth under the heading “Risk Factors” on pages 21 through 27 of the company’s 2025 Annual Report on Form 10-K.
**Item 2.**Unregistered Sales of Equity Securities and Use of Proceeds
CHEVRON CORPORATION
ISSUER PURCHASES OF EQUITY SECURITIES
| Period | Total Number of Shares Purchased (1,2) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Program | Approximate Dollar Value of Shares that May Yet Be Purchased Under the 2023 Program (2) (Billions of dollars) | |||||||||||||||||||
| January 1 - January 31, 2026 | 3,404,820 | $165.53 | 3,392,707 | $36.0 | |||||||||||||||||||
| February 1 - February 28, 2026 | 5,319,604 | $182.46 | 5,001,649 | $35.1 | |||||||||||||||||||
| March 1 - March 31, 2026 | 5,272,054 | $196.93 | 5,199,517 | $34.0 | |||||||||||||||||||
| Total | 13,996,478 | $183.79 | 13,593,873 |
(1) Includes common shares repurchased from participants in the company’s executive compensation plans for personal income tax withholdings.
(2) Refer to “Liquidity and Capital Resources” for additional information regarding the company’s authorized stock repurchase program.
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