filings.toolsItem 1A. Risk Factors.
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Item 1A. Risk Factors.
For an in-depth discussion of our risk factors, see “Part I—Item 1A. Risk Factors” of our Annual Report. All of these risks and uncertainties could adversely affect our business, financial condition and/or results of operations.
Item 2. Unregistered Sales of Equit****y Securities and Use of Proceeds.
Recent Sales of Unregistered Equity Securities.
None.
Repurchase of Equity by Targa Resources Corp., or Affiliated Purchasers.
| Period | Total number of shares purchased (1) | Average price per share | Total number of shares purchased as part of publicly announced plans (2) | Maximum approximate dollar value of shares that may yet be purchased under the plan (in thousands) (2) | ||||||||||||
| July 1, 2025 - July 31, 2025 | 327,577 | $ | 172.08 | 324,863 | $ | 510,286 | ||||||||||
| August 1, 2025 - August 31, 2025 | 283,923 | $ | 163.15 | 183,745 | $ | 1,480,284 | ||||||||||
| September 1, 2025 - September 30, 2025 | 425,021 | $ | 164.63 | 423,415 | $ | 1,410,582 |
(1)
Includes 932,023 shares purchased under our 2024 Share Repurchase Program, as well as 104,498 shares that were withheld by us to satisfy tax withholding obligations of certain of our officers, directors and key employees that arose upon the lapse of restrictions on restricted stock.
(2)
In July 2024, our Board of Directors approved the 2024 Share Repurchase Program for the repurchase of up to $1.0 billion of our outstanding common stock. In addition, in August 2025, our Board of Directors approved the 2025 Share Repurchase Program for the repurchase of up to $1.0 billion of our outstanding common stock. We are not obligated to repurchase any specific dollar amount or number of shares under the Share Repurchase Programs and may discontinue these programs at any time.
Item 3. Defaults Upon Senior Securities.
Not applicable.
Item 4. Mine Saf****ety Disclosures.
Not applicable.
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