filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
There have been no material changes from the risk factors included under Part I, Item 1A of Occidental’s 2022 Form 10-K for the year ended December 31, 2022.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Occidental’s share repurchase activities for the nine months ended September 30, 2023 were as follows:
| Period | Total Number of Shares Purchased (a) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Value of Shares that May Yet Be Purchased Under the Plans or Programs (millions) (b) | ||||||||||
| First Quarter 2023 | 12,511,237 | $ | 60.09 | 12,511,237 | ||||||||||
| Second Quarter 2023 | 7,233,460 | $ | 58.77 | 7,233,460 | ||||||||||
| July 1-31, 2023 | — | $ | — | — | ||||||||||
| August 1-31, 2023 | 6,799,098 | $ | 63.75 | 6,668,133 | ||||||||||
| September 1-30, 2023 | 2,669,353 | $ | 65.57 | 2,669,353 | ||||||||||
| Third Quarter 2023 | 9,468,451 | $ | 64.27 | 9,337,486 | ||||||||||
| Total 2023 | 29,213,148 | $ | 61.12 | 29,082,183 | $ | 1,223 |
(a) Includes purchases from the trustee of Occidental's defined contribution savings plan that are not part of publicly announced plans or programs.
(b) Represents the value of shares remaining in Occidental's share repurchase plan. In February 2023, Occidental announced an authorization to repurchase up to $3.0 billion of Occidental's shares of common stock. The plan does not obligate Occidental to acquire any specific number of shares and may be discontinued at any time.
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