A Dark Vector Cognition product

Item 1A. RISK FACTORS

2K characters. Original on sec.gov · Markdown

Item 1A. RISK FACTORS

There are no material changes from the risk factors previously disclosed in Part I, Item 1A, Risk Factors of our Annual Report on Form 10-K for the fiscal year ended July 2, 2022.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

The following table provides information regarding the Company's purchases of shares of common stock during the first quarter of fiscal 2023 related to the Company's share repurchase program:

Fiscal PeriodTotal Number of Shares RepurchasedAverage Price per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs**(1)**Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs**(1)**
(in millions, except share data and per share data)
July 3, 2022 - August 6, 2022—$——$1,500.0
August 7, 2022 - September 3, 20221,404,67335.601,404,6731,450.0
September 4, 2022 - October 1, 20221,551,33732.221,551,3371,400.0
Total2,956,0102,956,010

(1) On November 11, 2021, the Company announced the Board of Directors authorized a common stock repurchase program to repurchase up to $1.00 billion of its outstanding common stock (the "2021 Share Repurchase Program"). On May 12, 2022, the Company announced that its Board of Directors authorized the additional repurchase of up to $1.50 billion of its outstanding common stock (the "2022 Share Repurchase Program"). As of October 1, 2022 there was no outstanding common stock remaining under the 2021 Share Repurchase Program. Purchases of the Company's common stock were executed through open market purchases, including through purchase agreements under Rule 10b5-1.

Previous: Item 1. LEGAL PROCEEDINGS · Next: Item 6. EXHIBITS