filings.toolsItem 1A. RISK FACTORS
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Item 1A. RISK FACTORS
“Item 1A. Risk Factors” of our Form 10-K includes a discussion of our known material risk factors, other than risks that could apply to any issuer or offering. There have been no material changes from the risk factors described in our Form 10-K.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table presents information with respect to purchases of common stock we made during the June 2025 quarter. The table reflects shares withheld from employees to satisfy certain tax obligations due in connection with grants of stock under the Delta Air Lines, Inc. Performance Compensation Plan (the "Plan"). The Plan provides for the withholding of shares to satisfy tax obligations. It does not specify a maximum number of shares that can be withheld for this purpose. The shares of common stock withheld to satisfy tax withholding obligations may be deemed to be "issuer purchases" of shares that are required to be disclosed pursuant to this Item.
In the June 2025 quarter, the Board of Directors authorized a $1.0 billion opportunistic share repurchase program open through June 30, 2028. No shares were repurchased under this program in the June 2025 quarter.
| Shares purchased / withheld from employee awards during the June 2025 quarter | ||||||||||||||
| Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans | Approximate Dollar Value (in millions) of Shares That May Yet be Purchased Under the Plan | ||||||||||
| April 2025 | 3,577 | $ | 42.35 | 3,577 | $ | — | ||||||||
| May 2025 | 2,977 | $ | 47.02 | 2,977 | $ | 1,000 | ||||||||
| June 2025 | 15,463 | $ | 48.40 | 15,463 | $ | 1,000 | ||||||||
| Total | 22,017 | 22,017 |
| Delta Air Lines, Inc. | June 2025 Form 10-Q | 31 |
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