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Stock Repurchase Program
3 Months Ended
Nov. 23, 2024
Stock Repurchase Program  
Stock Repurchase Program

Note I – Stock Repurchase Program

From January 1, 1998, to November 23, 2024, the Company has repurchased a total of 155.3 million shares of its common stock at an aggregate cost of $37.5 billion, including 160.1 thousand shares of its common stock at an aggregate cost of $505.2 million during the twelve week period ended November 23, 2024.

On June 19, 2024, the Board voted to authorize the repurchase of an additional $1.5 billion of the Company’s common stock in connection with its ongoing share repurchase program, which raised the total value of shares authorized to be repurchased to $39.2 billion. Considering the cumulative repurchases as of November 23, 2024, the Company had $1.7 billion remaining under the Board’s authorization to repurchase its common stock.

Subsequent to November 23, 2024, and through December 13, 2024, the Company has repurchased 38.2 thousand shares of its common stock at an aggregate cost of $123.2 million.