3 unchanged sentences
stock on the open market from time to time.
−Removed: From inception through June 30, 2023, we have repurchased a total of approximately 4.3 million shares (at current market prices) under the various open market stock buyback programs for an aggregate price of $81.6 million, or an average price of $18.86 per share.
+Added: From inception through September 30, 2023, we have repurchased a total of approximately 6.9 million shares (at current market prices) under the various open market stock buyback programs for an aggregate price of $106.6 million, or an average price of $15.47 per share.
The Board must authorize the timing and amount of these purchases and all repurchases are in accordance with the rules and regulations of the SEC allowing the Company to repurchase shares from the open market.
5 unchanged sentences
All repurchases are done at current market prices.
−Removed: From inception through June 30, 2023, we repurchased approximately 2.1 million shares (at current market prices) for an aggregate price of $24.5 million, or an average price of $11.92 per share.
+Added: From inception through September 30, 2023, we repurchased approximately 3.1 million shares (at current market prices) for an aggregate price of $24.6 million, or an average price of $7.95 per share.
Lastly, the Company also had a stock repurchase arrangement by which employee-participants in our 401(k) Plan were entitled to have shares of AAON, Inc.
1 unchanged sentence
The 401(k) Plan was amended in June 2022 to discontinue this program.
−Removed: From inception through June 30, 2023, we repurchased approximately 8.3 million shares (at current market prices) for an aggregate price of $171.8 million, or an average price of $20.68 per share.
−Removed: Repurchases during the second quarter of 2023 were as follows:
+Added: From inception through September 30, 2023, we repurchased approximately 12.5 million shares (at current market prices) for an aggregate price of $171.8 million, or an average price of $13.78 per share.
+Added: Repurchases during the third quarter of 2023 were as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Purchased (b)
−Removed: (or Unit) (c)
of Shares (or
1 unchanged sentence
Publicly Announced
−Removed: Plans or Programs (d)
+Added: Plans or Programs 1
Maximum Number (or
4 unchanged sentences
Plans or Programs
−Removed: April 2023 319 $ 96.88 319 —
−Removed: May 2023 624 92.07 624 —
−Removed: June 2023 467 93.36 467 —
+Added: July 2023 177 $ 67.30 177 —
+Added: August 2023 403,187 62.07 403,187 —
+Added: September 2023 258 61.49 258 —
Total 403,622 $ 61.95 403,622 —
+Added: 1 Reflects three-for-two stock split effective August 16, 2023.
Contingent Shares Issued in BASX Acquisition
4 unchanged sentences
Based on the final allocation of the consideration paid, we estimated the fair value of contingent consideration related to these shares to be approximately $60.0 million, which is included in additional paid-in capital on the consolidated balance sheets.
−Removed: As of June 30, 2023, 0.39 million shares and 0.49 million shares related to the earn-out milestones for the years ended 2022 and 2021, respectively, have been issued to the former owners of BASX as private placements exempt from registration with the SEC under Rule 506(b), which are included in common stock on the consolidated statements of stockholders' equity.
+Added: As of September 30, 2023, 0.58 million shares and 0.73 million shares related to the earn-out milestones for the years ended 2022 and 2021, respectively, have been issued to the former owners of BASX as private placements exempt from registration with the SEC under Rule 506(b), which are included in common stock on the consolidated statements of stockholders' equity.
Defaults Upon Senior Securities.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.