2 unchanged sentences
Each quarter, AB considers whether to implement a plan to repurchase AB Holding Units pursuant to Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934 ("Exchange Act").
−Removed: We did not adopt a plan during the second quarter of 2023.
+Added: The plan adopted during the third quarter of 2023 expired at the close of business on October 25, 2023.
AB may adopt additional plans in the future to engage in open-market purchases of AB Holding Units to help fund anticipated obligations under the firm's incentive compensation award program and for other corporate purposes.
See Note 3 to the condensed financial statements contained in Part 1, Item 1.
−Removed: AB Holding Units bought by us or one of our affiliates during the second quarter of 2023 are as follows:
+Added: AB Holding Units bought by us or one of our affiliates during the third quarter of 2023 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
16 unchanged sentences
714,333 30.71 — —
+Added: 9/1/23 - 9/30/23 (2)
+Added: 1,099,556 31.82 — —
Total 1,814,119 $ 31.39 — —
−Removed: (1) During the second quarter of 2023, AB retained from employees 321 AB Holding Units to allow them to fulfill statutory withholding tax requirements at the time of distribution of long-term incentive compensation awards.
−Removed: AB Units bought by us or one of our affiliates during the second quarter of 2023 are as follows:
+Added: (1) During the third quarter of 2023, AB retained from employees 230 AB Holding Units to allow them to fulfill statutory withholding tax requirements at the time of distribution of long-term incentive compensation awards.
+Added: (2) During the third quarter of 2023, AB purchased 1,813,889 AB Holding Units on the open market pursuant to a Rule 10b5-1 plan to help fund anticipated obligations under our incentive compensation award program.
+Added: AB Units bought by us or one of our affiliates during the third quarter of 2023 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
15 unchanged sentences
200 $ 31.70 — —
−Removed: 1,667 $ 34.70 — —
Total 200 $ 31.70 — —
−Removed: (1) During the second quarter of 2023 , AB purchased 3,292 AB Units in private transactions and retired them.
+Added: (1) During the third quarter of 2023 , AB purchased 200 AB Units in private transactions and retired them.
Defaults Upon Senior Securities
1 unchanged sentence
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.