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Equity | 3 Months Ended
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Nov. 24, 2024
Equity [Abstract] |
Stockholders' equity | Note 5—Equity Dividends A quarterly cash dividend of $1.16 per share was declared on October 16, 2024, and paid on November 15, 2024. The dividend was $1.02 per share in the first quarter of 2024. Stock Repurchase Programs The Company's stock repurchase program is conducted under a $4,000 authorization by the Board of Directors, which expires in January 2027. At November 24, 2024, the remaining amount available under the program was $2,659. The following table summarizes the repurchase activity:
| Shares Repurchased (000s) |  | Average Price per Share |  | Total Cost
First quarter of 2025 | 230 |  |  | $ | 899.23 |  |  | $ | 206 |
First quarter of 2024 | 288 |  |  | $ | 564.06 |  |  | $ | 162 |
These amounts may differ from the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of each quarter. Purchases are made from time to time, as conditions warrant, in the open market or in block purchases and pursuant to plans under SEC Rule 10b5-1.

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