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 2022 Form 10-K. There have been no material changes from the risk factors previously disclosed in the 2022 Form 10-K.
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 March 31, 2023:
| 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) | ||||||||||||||||||||||
| January 1 - January 31, 2023 | — | $ | — | 22,701,168 | $ | 2,814 | ||||||||||||||||||||
| February 1 - February 28, 2023 | — | $ | — | 22,701,168 | $ | 2,814 | ||||||||||||||||||||
| March 1 - March 31, 2023 | 3,618,461 | $ | 145.31 | 26,319,629 | $ | 2,291 | ||||||||||||||||||||
| Total | 3,618,461 |
(1) Average price paid per share includes related expenses and excise tax.
(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 14 to condensed consolidated financial statements for information regarding our share repurchase programs.
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