Repurchase of Common Stock

3 Months Ended

May 04, 2019

10. Repurchase of Common Stock

On February 23, 2019, our Board of Directors ("Board") authorized a $3.0 billion share repurchase program. There is no expiration date governing the period over which we can repurchase shares under the February 2019 authorization.

The following table presents information regarding the shares we repurchased during the three months ended May 4, 2019, and May 5, 2018 ($ and shares in millions, except per share amounts):



	Three Months Ended
	May 4, 2019		May 5, 2018
Total cost of shares repurchased	$	106	$	399
Average price per share	$	70.77	$	71.78
Number of shares repurchased		1.5		5.6

As of May 4, 2019, $2.9 billion of the $3.0 billion share repurchase authorization was available. Between the end of the first quarter of fiscal 2020 on May 4, 2019, and June 5, 2019, we repurchased an incremental 1.2 million shares of our common stock at a cost of $80 million.