seekingalpha.com
From page 37 of the latest 10-K
Repurchases of Equity Securities
The following table provides information about repurchases by us of shares of our common stock during the quarter ended June 29, 2018 :
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(in millions, except average price paid per share)
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Total Number of Shares Purchased
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Average Price Paid per Share (1)
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Total Number of Shares Purchased As Part of Publicly Announced Program (2)
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Maximum Value of Shares that May Yet be Purchased Under the Program (2)
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Mar. 31, 2018 - Apr. 27, 2018
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—
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$
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—
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—
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$
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1,969
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Apr. 28, 2018 - May 25, 2018
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1.9
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84.61
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1.9
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$
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1,812
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May 26, 2018 - Jun. 29, 2018
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3.4
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81.16
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3.4
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$
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1,533
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Total for the quarter ended Jun. 29, 2018
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5.3
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$
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82.37
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5.3
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(1)
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Includes commissions.
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(2)
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Our Board of Directors previously authorized $5.00 billion for the repurchase of our common stock. In 2018 , we repurchased 7.1 million shares for a total cost of $591 million . Subsequent to June 29, 2018 and through July 25, 2018, we repurchased an additional 0.8 million shares for a total cost of $61 million . On July 25, 2018, our Board of Directors authorized a new $5.00 billion share repurchase program that is effective through July 25, 2023, replacing all prior programs. Repurchases under the stock repurchase program may be made in the open market or in privately negotiated transactions and may be made under a Rule 10b5-1 plan. We expect stock repurchases to be funded principally by operating cash flows. Subsequent to July 25, 2018 and through August 22, 2018, we repurchased an additional 5.9 million shares for a total cost of $404 million under this new program.
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