v3.26.1
Shareholders' Equity
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
The following table details activity in our common stock:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
SharesAmountSharesAmountSharesAmountSharesAmount
Purchase of treasury shares, including excise taxes(1,623)$(511,169)(3)$(1,605)(2,423)$(761,232)(3)$(1,605)
Exercise of stock options and vesting of restricted stock units117 3,241 163 13,327 286 5,857 328 29,771 
Issuance of shares pursuant to employee stock purchase plan19 5,377 11 5,352 29 9,178 19 9,322 
Employee taxes paid for withheld shares upon equity award settlement(29)(9,010)(32)(18,008)(82)(27,991)(56)(32,926)
Purchase of Capped Call transactions, net of tax— (140,501)— — — (140,501)— — 
On February 3, 2026, our Board of Directors authorized the repurchase of $1.0 billion, excluding excise taxes, of our common stock, which replaced and superseded all previous share repurchase authorizations. On July 24, 2026, the Board of Directors authorized an additional $1.5 billion share repurchase plan. The plan allows us to repurchase shares at our discretion, and there is no expiration date. The plan replaces and supersedes any previous authorizations, except that the Company’s Chief Executive Officer and Chief Financial Officer may continue to cause the Company to repurchase any amounts not yet repurchased under previous authorizations. As of July 29, 2026, we have remaining authorization from our Board of Directors to repurchase up to approximately $1.745 billion of our common stock.
For the three and six months ended June 30, 2026, we repurchased approximately 1.6 million and 2.4 million shares, respectively of our common stock for an aggregate purchase price, including excise taxes, of approximately $511.2 million and $761.2 million, respectively.