Item 1A. Risk Factors
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Item 1A. Risk Factors
Our business is subject to a variety of risks and uncertainties. These risks are described in this Quarterly Report on Form 10-Q and elsewhere in our other filings with the SEC, including Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 27, 2025. The risks identified in such reports have not changed in any material respect.
**Item 2.**Unregistered Sales of Equity Securities and Use of Proceeds
The table below provides information regarding our purchases of Class A stock during the three months ended June 27, 2026.
| Period | Total Number of Shares Purchased (2) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (3) | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1) | ||||||||||||||||
| March 29, 2026 - April 25, 2026 | 5,820 | $ | 64.46 | — | 45,933,022 | |||||||||||||||
| April 26, 2026 - May 30, 2026 | 30,402 | 65.78 | — | 45,933,022 | ||||||||||||||||
| May 31, 2026 - June 27, 2026 | 569,095 | 57.12 | 568,939 | 45,364,083 | ||||||||||||||||
| Total | 605,317 | $ | 57.63 | 568,939 | 45,364,083 |
(1)On February 7, 2003, our Board of Directors approved a program to repurchase up to 25 million shares of Class A common stock from time to time in open market or privately negotiated transactions. Additionally, our Board of Directors approved increases to the number of shares authorized to repurchase under the program of 43 million shares on August 7, 2025, 50 million shares on February 5, 2016, 25 million shares on January 30, 2014 and 35 million shares on May 3, 2012. The program has no fixed or scheduled termination date.
(2)We purchased 36,378 shares during the period that were not made pursuant to our previously announced stock repurchase program but were purchased to fund certain Company obligations under our equity compensation plans.
(3)We purchased 568,939 shares during the three months ended June 27, 2026 pursuant to our previously announced stock repurchase program.
**Item 3.**Defaults Upon Senior Securities
None.
**Item 4.**Mine Safety Disclosures
Not Applicable.
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