Item 1A. Risk factors
2K characters. Original on sec.gov · Markdown
Item 1A. Risk factors
For a discussion of our risk factors, see Part I, Item 1A - Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2020.
Item 2. Unregistered sales of equity securities and use of proceeds
Issuer Purchases of Equity Securities
During the third quarter of 2021, we repurchased 4.3 million shares for $1.6 billion at an average price of $363.27 per share of Class A common stock. The following table presents our repurchase activity on a cash basis during the third quarter of 2021:
| Period | Total Number of Shares Purchased | Average Price Paid per Share (including commission cost) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Dollar Value of Shares that may yet be Purchased under the Plans or Programs 1, 2 | ||||||||||||||||||||||
| July 1 - 31 | 1,287,586 | $ | 378.16 | 1,287,586 | $ | 6,276,801,057 | ||||||||||||||||||||
| August 1 - 31 | 1,528,021 | $ | 365.70 | 1,528,021 | $ | 5,718,006,358 | ||||||||||||||||||||
| September 1 - 30 | 1,481,734 | $ | 347.81 | 1,481,734 | $ | 5,202,638,029 | ||||||||||||||||||||
| Total | 4,297,341 | $ | 363.27 | 4,297,341 |
1 Dollar value of shares that may yet be purchased under the repurchase programs is as of the end of the period.
2 In December 2020 and 2019, our Board of Directors approved share repurchase programs authorizing us to repurchase up to $6.0 billion and $8.0 billion, respectively, of our Class A common stock under each plan.
Previous: Item 4. Controls and procedures · Next: Item 5. Other information