Item 1A. Risk Factors
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Item 1A. Risk Factors
You should carefully consider the factors discussed in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2023 (“2023 Form 10-K”), which could materially affect our business, financial condition and results of operations. The risks described in our 2023 Form 10-K are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may also materially adversely affect our business, financial condition or results of operations.
Item 2. Unregistered Sales of Equi****ty Securities and Use of Proceeds
Issuer Purchases of Equity Securities
The following table summarizes repurchases of common stock settled during the three-month period ended June 30, 2024:
| Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as a Part of Publicly Announced Program**(1)** | Maximum Approximate Dollar Value of Shares that may yet be Purchased Under the Program**(1)** | ||||||||||||
| April 2024 | - | $ | - | - | $ | 67,828,222 | ||||||||||
| May 2024 | - | - | - | 2,000,000,000 | ||||||||||||
| June 2024 | 888,000 | 107.43 | 888,000 | 1,904,602,369 | ||||||||||||
| Total | 888,000 | $ | 107.43 | 888,000 | $ | 1,904,602,369 |
(1) In February 2016, our Board of Directors authorized a $1.0 billion share repurchase program effective March 1, 2016, which authorization expired on May 29, 2024. In May 2024, our Board of Directors authorized a $2.0 billion share repurchase program effective May 29, 2024, with no expiration date. Subsequent to June 30, 2024 through August 5, 2024, we repurchased an additional 1.9 million shares for $207.0 million, resulting in $1,697.6 million remaining authorized under the May 2024 program as of August 5, 2024.
Item 3. Defaults Upo****n Senior Securities
None
Item 4. Mine Saf****ety Disclosures
Not applicable
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