Item 1. Legal Proceedings
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Item 1. Legal Proceedings
See Note 11 to the interim unaudited consolidated financial statements for information regarding the status of legal proceedings involving the Company.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The table below sets forth the information with respect to purchases made by or on behalf of the Company of its common stock during the first quarter of 2024.
| ISSUER PURCHASES OF EQUITY SECURITIES | ||||||||||||||||||||||||||||||||
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in thousands) | ||||||||||||||||||||||||||||
| January 1, 2024 – January 31, 2024 | ||||||||||||||||||||||||||||||||
| Share Repurchase Program (A) | — | $ | — | — | $ | 1,035,913 | ||||||||||||||||||||||||||
| Employee Transactions (B) | — | $ | — | N/A | N/A | |||||||||||||||||||||||||||
| February 1, 2024 - February 29, 2024 | ||||||||||||||||||||||||||||||||
| Share Repurchase Program (A) | — | $ | — | — | $ | 1,035,913 | ||||||||||||||||||||||||||
| Employee Transactions (B) | 183,728 | $ | 125.55 | N/A | N/A | |||||||||||||||||||||||||||
| March 1, 2024 – March 31, 2024 | ||||||||||||||||||||||||||||||||
| Share Repurchase Program (A) | — | $ | — | — | $ | 1,035,913 | ||||||||||||||||||||||||||
| Employee Transactions (B) | 556 | $ | 127.29 | N/A | N/A | |||||||||||||||||||||||||||
| Total | ||||||||||||||||||||||||||||||||
| Share Repurchase Program (A) | — | $ | — | — | $ | 1,035,913 | ||||||||||||||||||||||||||
| Employee Transactions (B) | 184,284 | $ | 125.56 | N/A | N/A |
(A)Since the share repurchase program’s inception in May 2003, our Board of Directors has authorized $13 billion of share repurchases of our common stock through March 31, 2024. The share repurchase authorization has no set expiration or termination date.
(B)Includes: (1) shares delivered or attested to in satisfaction of the exercise price and/or tax withholding obligations by holders of stock options (granted under the Company’s Amended and Restated Employee Long-Term Incentive Plan) who exercised options; and (2) shares withheld (under the terms of grants under the Amended and Restated Employee Long-Term Incentive Plan) to offset tax withholding obligations that occur upon the delivery of outstanding common shares underlying restricted stock units and performance share units.
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