Item 1A. Risk Factors

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Item 1A. Risk Factors

Information about our most significant risk factors is contained in Item 1A. Risk Factors, of our Annual Report on Form 10-K for the year ended September 30, 2025. We believe that at June 30, 2026, there has been no material change to this information, except as updated in our Quarterly Report on Form 10-Q filed May 5, 2026.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Share Repurchases

The table below sets forth information with respect to purchases made by or on behalf of us of shares of our common stock during the three months ended June 30, 2026:


Period	Total Number of Shares Purchased (1)	Average Price Paid Per Share (2)		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Approx. Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (3)
April 1-30, 2026	169,287	$	384.83	169,287	$	253,237,685
May 1-31, 2026	85,694	443.39		85,694	215,241,901
June 1-30, 2026	90,440	464.33		90,440	1,173,247,986
Total	345,421	$	420.17	345,421

(1) All of the shares purchased during the quarter ended June 30, 2026, were acquired pursuant to the repurchase program described in (3) below.

(2) Average price paid per share includes brokerage commissions.

(3) On September 11, 2024 and June 9, 2026, the Board of Directors authorized us to expend an additional $1.0 billion to repurchase shares of our common stock. Our repurchase program allows us to repurchase shares at management’s discretion or at our broker’s discretion pursuant to a share repurchase plan subject to price and volume parameters.

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