The company already repurchased 12.3 million shares for $929 million, an average of just over $75 a share.
In the second quarter, the company repurchased 11.6 million shares for $870 million.
Net income was hurt when the company repurchased 1.6 million common shares of stock this quarter.
And on Thursday, he told employees that the company had repurchased nearly $2 billion worth in July alone.
This is in addition to the 10 million shares that the company has repurchased in the last year at $13.66 a share.
The company previously repurchased a total of 2.5 million shares.
The difference between the issue price of the bonds and the price at which the company repurchased them was $137,521.30.
American companies have been repurchasing shares at a record pace, spending more than $100 billion a quarter.
Leonhard Dreimann, the chief executive, said last week that the company had already repurchased about $5 million worth.
The company has repurchased 7.8 million shares since last December.
