Item 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, 2022 and in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 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 2023, there were no such material developments.
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 2023 is as follows:
| (a) | (b) | (c) | (d) | |||||||||||||||||||||||
| Period | Total Number of Shares (or Units) Purchased****1, 2 | 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, 2023 - July 31, 2023 | 28,043 | $ | 15.96 | — | 143,731,972 | |||||||||||||||||||||
| August 1, 2023 - August 31, 2023 | 19,566 | 14.86 | — | 143,731,972 | ||||||||||||||||||||||
| September 1, 2023 - September 30, 2023 | 26,847 | 14.46 | — | 143,731,972 | ||||||||||||||||||||||
| Total | 74,456 | $ | 15.13 | — |
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.
2These 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.
AT&T INC.
SEPTEMBER 30, 2023
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