Item 1A. Risk factors
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Item 1A. Risk factors
Information concerning our risk factors is contained in Item 1A of our Form 10-K for the year ended December 31, 2021, and is incorporated by reference herein.
ITEM 2. Unregistered sales of equity securities and use of proceeds
The following table contains information regarding our purchases of our common stock during the quarter.
ISSUER PURCHASES OF EQUITY SECURITIES
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (a) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (a) | ||||||||||||||||||||||||||||||||||
| July 1, 2022 through July 31, 2022 | 1,345,768 | $ | 149.72 | 1,345,768 | $ | 8.05 | billion | |||||||||||||||||||||||||||||||
| August 1, 2022 through August 31, 2022 | 1,310,171 | 173.58 | 1,294,507 | 7.82 | billion | |||||||||||||||||||||||||||||||||
| September 1, 2022 through September 30, 2022 | 3,488,206 | 163.18 | 3,488,206 | 22.25 | billion | |||||||||||||||||||||||||||||||||
| Total | 6,144,145 | (b) | $ | 162.45 | (b) | 6,128,481 | $ | 22.25 | billion (c) |
(a)All open-market purchases during the quarter were made under the authorization from our board of directors to purchase up to $12.0 billion of additional shares of TI common stock announced September 20, 2018.
(b)In addition to open-market purchases, 15,664 shares of common stock were surrendered by employees to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
(c)As of September 30, 2022, this amount consisted of the remaining portion of the $12.0 billion authorized in September 2018 and the $15.0 billion authorized in September 2022. No expiration date has been specified for these authorizations.
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