filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
See Item 1A. Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, for a detailed discussion of risk factors affecting the Company. There have been no material changes in the risk factors described therein.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table summarizes purchases of equity securities by the issuer during the three-month period ended June 30, 2026:
| Total cost of shares | ||||||||||||||||||||||||||
| purchased as part of | ||||||||||||||||||||||||||
| Total | publicly announced | Remaining | ||||||||||||||||||||||||
| shares purchased (1) | Average price | plans or programs (1) | Authorization (1) | |||||||||||||||||||||||
| Period | (in millions) | paid per share | (in millions) | (in millions) | ||||||||||||||||||||||
| April 1-30, 2026 | — | $ | — | $ | 1,792 | |||||||||||||||||||||
| May 1-31, 2026 | 0.8 | $ | 42.57 | 32.7 | $ | 1,759 | ||||||||||||||||||||
| June 1-30, 2026 | 0.2 | $ | 39.68 | 9.1 | 1,750 | |||||||||||||||||||||
| 1.0 | $ | 41.8 |
(1)In August 2024, our Board of Directors approved a share repurchase program authorizing the repurchase of up to $3.0 billion in aggregate value of shares of our common stock. Repurchases under the program may be made from time to time at management's discretion through open market purchases, privately negotiated transactions, or pursuant to Rule 10b5-1 plans. The program does not have an expiration date, and may be suspended, amended or discontinued at any time. As of June 30, 2026, approximately $1.7 billion remained available for repurchase under the program.
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