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Note 5 - Capital Stock
 9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Equity [Text Block]

5.

Capital Stock

 

On July 20, 2022, our Board of Directors authorized the purchase of up to $500 million of our common stock. On August 16, 2024, our Board of Directors authorized the purchase of up to an additional $1 billion of our common stock to be effective upon our purchase of the remaining balance under the July 2022 authorization. At September 30, 2024, the July 2022 authorization was fully exhausted, and $967 million of the August 2024 authorization was remaining. We purchased 2,551,033 shares, or $428 million, including applicable taxes, of our common stock under our repurchase authorizations during the nine months ended September 30, 2024, of which 1,200,330 shares, or $200 million, including applicable taxes, were purchased in the third quarter 2024. On July 17, 2024, our Board of Directors declared a regular quarterly dividend of $0.43 per common share, which was paid on August 16, 2024, to shareholders of record on August 2, 2024. On October 17, 2024, our Board of Directors declared a regular quarterly dividend of $0.43 per common share, which will be paid on November 22, 2024, to shareholders of record on November 8, 2024.