NetApp Inc
For the period ended Oct 25, 2024. Filed Nov 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 25, 2024 · Filed Nov 25, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Purchases of equity securities
The following table provides information with respect to the shares of common stock repurchased by us during the three months ended October 25, 2024:
| Total Number of Shares · Approximate Dollar Value | ||||
|---|---|---|---|---|
| Total Number | Average | Purchased as Part of | of Shares That May Yet | |
| of Shares | Price Paid | Publicly Announced | Be Purchased Under The | |
| Period | Purchased | per Share | Program | Repurchase Program |
| (Shares in thousands) · (Shares in thousands) · (Dollars in millions) | ||||
| July 27, 2024 - August 23, 2024 | 750 | $107.51 | 375,670 | $1,009 |
| August 24, 2024 - September 20, 2024 | 734 | $121.93 | 376,404 | $920 |
| September 21, 2024 - October 25, 2024 | 952 | $129.04 | 377,356 | $802 |
| Total | 2,436 | $121.58 | ||
In May 2003, our Board of Directors approved a stock repurchase program. As of October 25, 2024, our Board of Directors has authorized the repurchase of up to $17.1 billion of our common stock under our stock repurchase program. Since the May 13, 2003 inception of the program through October 25, 2024, we repurchased a total of 377 million shares of our common stock for an aggregate purchase price of $16.3 billion. Under this program, we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market, in privately negotiated transactions, through accelerated share repurchase programs, pursuant to a Rule 10b5-1 plan or in such other manner as deemed appropriate by our management. The stock repurchase program may be suspended or discontinued at any time.
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