On May 2, 2024, the company announced that its Board of Directors will consider a share repurchase program. Under the Dutch Auction tender offer, the company may repurchase up to $3,000 million worth of its shares. The Company expects to fund the tender offer with approximately $2000 million of cash on hand and approximately $1000 million in combined borrowings, consisting of a new revolving credit facility and a new delayed draw term loan facility, each expected to be consummated prior to the completion of the tender offer.