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Stockholders' Equity
9 Months Ended
Sep. 30, 2023
Stockholders' Equity.  
Stockholders' Equity

Note 17—Stockholders’ Equity

The Company’s board of directors previously approved the Company’s common stock repurchase program in the revised amount of $2 billion before transaction costs and excise tax.

Following is a summary of activity under the stock repurchase program:

Quarter ended September 30, 

Nine months ended September 30, 

Cumulative

2023

    

2022

    

2023

    

2022

    

total (1)

(in thousands)

Shares of common stock repurchased

1,949

1,201

6,696

34,063

Cost of shares of common stock repurchased

$

$

99,702

$

71,575

$

354,759

$

1,788,282

(1)Amounts represent the total shares of common stock repurchased under the stock repurchase program from inception through September 30, 2023. Cumulative total cost of common stock repurchased includes $621,000, of transaction fees and excise tax.