Item 1A. Risk Factors
2K characters. Original on sec.gov ·
Item 1A. Risk Factors
There have been no material changes to the information included in Item 1A. “Risk Factors” in our 2022 Annual Report on Form 10-K.
Item 2. Unregistered Sales of Equi****ty Securities and Use of Proceeds
The following table provides information regarding purchases of our common stock that were made by us during the second quarter of 2023 (shares in thousands).
| Period | Total Number of Shares Purchased (1) | Average Price Paid per Share | Total Number of Shares Purchased As Part of Publicly Announced Plans or Programs (2) | Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (2) | ||||||||||||
| April 1 - April 30 | 2,905 | $ | 53.73 | 2,762 | $ | — | ||||||||||
| May 1 - May 31 | 2 | $ | 50.33 | — | $ | 1,000 | ||||||||||
| June 1 - June 30 | 1,040 | $ | 49.88 | 1,033 | $ | 948 | ||||||||||
| Total | 3,947 | $ | 52.72 | 3,795 |
(1)
In addition to shares purchased under the share repurchase program described below, these amounts also include approximately 153 thousand shares received by us from employees for the payment of personal income tax withholdings on vesting transactions.
(2)
On November 2, 2021, we announced a $1.0 billion share repurchase program with an expiration date of December 31, 2022. In 2022, we announced expansions of this program ultimately to $2.0 billion and extended the expiration date to May 4, 2023. In May 2023, we announced a further expansion to $3.0 billion and extended the expiration date to December 31, 2024. In the second quarter of 2023, we repurchased 3.8 million common shares for $200 million, or $52.70 per share, under this share repurchase program. For additional information, see Note 16 in “Part I. Financial Information – Item 1. Financial Statements” in this report.
Item 3. Defaults Upo****n Senior Securities
Not applicable.
Item 4. Mine Saf****ety Disclosures
Not applicable.
Previous: Item 4. Controls and Procedures · Next: Item 5. Other Information