Item 1A. Risk Factors
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Item 1A. Risk Factors
Information regarding risk and uncertainties related to our business appears in Part I, Item 1A. “Risk Factors” of our 2021 Form 10-K. There have been no material changes from the risk factors previously disclosed in the 2021 Form 10-K other than those set forth in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and filed with the SEC on May 4, 2022.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table provides information with respect to the shares of common stock repurchased by us during the three months ended September 30, 2022:
| Period | Total Number of Shares Purchased | Average Price Paid per Share (1) | Total Number of Shares Purchased as Part of Publicly Announced Program | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (in millions) (2) | ||||||||||||||||||||||
| July 1 - July 31, 2022 | 1,393,559 | $ | 159.16 | 13,777,298 | $ | 1,000 | ||||||||||||||||||||
| August 1 - August 31, 2022 | 1,708,602 | $ | 153.03 | 15,485,900 | $ | 3,739 | ||||||||||||||||||||
| September 1 - September 30, 2022 | 4,013,594 | $ | 130.20 | 19,499,494 | $ | 3,216 | ||||||||||||||||||||
| Total | 7,115,755 |
(1) Average price paid per share includes related expenses.
(2) On February 22, 2022, our Board of Directors authorized a share repurchase program for our common stock of up to $3.0 billion, with no expiration date. This share repurchase program was increased by the Board of Directors by an additional $3.0 billion on August 1, 2022, also with no expiration date.
Refer to Note 13 to condensed consolidated financial statements for information regarding our share repurchase programs.
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