v3.26.1
STOCKHOLDERS' EQUITY
9 Months Ended
Mar. 31, 2026
Equity [Abstract]  
STOCKHOLDERS' EQUITY

NOTE 14 — STOCKHOLDERS’ EQUITY

Share Repurchases

On September 14, 2021, our Board of Directors approved a share repurchase program authorizing up to $60.0 billion in share repurchases. This share repurchase program commenced in November 2021 and was completed in April 2025.

On September 16, 2024, our Board of Directors approved a share repurchase program authorizing up to $60.0 billion in share repurchases. This share repurchase program commenced in April 2025, following completion of the program approved on September 14, 2021, has no expiration date, and may be terminated at any time. As of March 31, 2026, $44.0 billion remained of this $60.0 billion share repurchase program.

We repurchased the following shares of common stock under the share repurchase programs:

 

(In millions)

Shares

 

Amount

Shares

 

Amount

 

 

 

 

Fiscal Year

 

2026

 

2025

First Quarter

8

$

3,955

7

$

2,800

Second Quarter

 

 

12

 

 

 

5,964

 

 

 

8

 

 

 

3,500

 

Third Quarter

 

 

7

 

 

 

3,400

 

 

 

8

 

 

 

3,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

27

 

 

$

13,319

 

 

 

23

 

 

$

9,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All repurchases were made using cash resources. Shares repurchased during fiscal year 2026 were under the share repurchase program approved on September 16, 2024. Shares repurchased during fiscal year 2025 were under the share repurchase program approved on September 14, 2021. The above table excludes shares repurchased to settle employee tax withholding related to the vesting of stock awards of $1.2 billion and $4.4 billion for the three and nine months ended March 31, 2026, respectively, and $1.3 billion and $4.1 billion for the three and nine months ended March 31, 2025, respectively.

Dividends

Our Board of Directors declared the following dividends:

 

Declaration Date

Record Date

Payment Date

Dividend

Per Share

Amount

Fiscal Year 2026

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

September 15, 2025

 

 

November 20, 2025

 

 

 

December 11, 2025

 

 

$

0.91

 

 

$

6,762

 

December 2, 2025

 

 

February 19, 2026

 

 

 

March 12, 2026

 

 

 

0.91

 

 

 

6,756

 

March 10, 2026

 

 

May 21, 2026

 

 

 

June 11, 2026

 

 

 

0.91

 

 

 

6,760

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

$

2.73

 

 

$

20,278

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 16, 2024

 

 

November 21, 2024

 

 

 

December 12, 2024

 

 

$

0.83

 

 

$

6,170

 

December 3, 2024

 

 

February 20, 2025

 

 

 

March 13, 2025

 

 

 

0.83

 

 

 

6,169

 

March 11, 2025

 

 

May 15, 2025

 

 

 

June 12, 2025

 

 

 

0.83

 

 

 

6,169

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

$

2.49

 

 

$

18,508

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The dividend declared on March 10, 2026 was included in other current liabilities as of March 31, 2026.