filings.toolsItem 1A. Risk Factors
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Item 1A. Risk Factors
We discuss in our Annual Report on Form 10-K for the year ended December 31, 2021 various risks that may materially affect our business. We use this section to update this discussion to reflect material developments. For the third quarter of 2022, there were no such material developments.
PART II – OTHER INFORMATION - CONTINUED
Dollars in millions except per share amounts
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(c) A summary of our repurchases of common stock during the third quarter of 2022 is as follows:
| (a) | (b) | (c) | (d) | |||||||||||||||||||||||
| Period | Total Number of Shares (or Units) Purchased****1, 2, 3 | Average Price Paid Per Share (or Unit) | Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs****1 | Maximum Number (or Approximate Dollar Value) of Shares (or Units) That May Yet Be Purchased Under The Plans or Programs | ||||||||||||||||||||||
| July 1, 2022 - July 31, 2022 | 10,601 | $ | 19.61 | — | 143,731,972 | |||||||||||||||||||||
| August 1, 2022 - August 31, 2022 | 42,245 | 18.69 | — | 143,731,972 | ||||||||||||||||||||||
| September 1, 2022 - September 30, 2022 | 88,447 | 17.46 | — | 143,731,972 | ||||||||||||||||||||||
| Total | 141,293 | $ | 17.99 | — |
1In March 2014, our Board of Directors approved an authorization to repurchase up to 300 million shares of our common stock. The authorization has no expiration date.
2Of the shares repurchased, 141,293 shares were acquired through the withholding of taxes on the vesting of restricted stock and performance shares or in respect of the exercise price of options.
3Of the shares repurchased, no shares were acquired through reimbursements from AT&T maintained Voluntary Employee Benefit Association (VEBA) trusts during the period.
AT&T INC.
SEPTEMBER 30, 2022
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