7 unchanged sentences
Effective December 18, 2019, our Board of Directors replaced our then-existing share repurchase program with a new share repurchase program under which we may repurchase up to $150.0 million of our common stock (the “Share Repurchase Program”).
−Removed: These purchases may take place on the open market or otherwise, and all or part of the repurchases may be made pursuant to Rule 10b5-1 plans or in privately negotiated transactions.
+Added: Effective December 9, 2022, and December 13, 2023, our Board of Directors expanded the Share Repurchase Program by $150.0 million and $150.0 million, respectively.
+Added: Share repurchases may take place on the open market or otherwise, and all or part of the repurchases may be made pursuant to Rule 10b5-1 plans or in privately negotiated transactions.
The timing of repurchases is at our discretion and will depend upon several factors, including market and business conditions, future cash flows, share price, share availability, and other factors.
1 unchanged sentence
At October 31, 2023, authorization for $60.3 million of repurchases remained under the Share Repurchase Program.
−Removed: Effective December 9, 2022, our Board of Directors expanded the Share Repurchase Program by an additional $150.0 million.
−Removed: Repurchases of our common stock may take place on the open market or otherwise, and all or part of the repurchases may be made pursuant to Rule 10b5-1 plans or in privately negotiated transactions.
−Removed: The timing of repurchases is at our discretion and will depend upon several factors, including market and business conditions, future cash flows, share price, and share availability.
−Removed: Repurchased shares are retired and returned to an authorized but unissued status.
−Removed: The Share Repurchase Program may be suspended or discontinued at any time without prior notice.
−Removed: At December 9, 2022, authorization for $197.4 million of repurchases remained under the Share Repurchase Program.
Issuer Purchases of Equity Securities
−Removed: (in millions, except per share amounts) Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plan Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
+Added: (in millions, except per share amounts) Total Number of Shares Purchased Average Price Paid per Share (1)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plan Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
8/1/2023 – 8/31/2023
1 unchanged sentence
9/1/2023 – 9/30/2023
+Added: $ 1.4 $ 40.24 $ 1.4 $ 115.3
+Added: 10/1/2023 – 10/31/2023
+Added: 1.3 $ 41.41 1.3 $ 60.3
Total 2.7 $ 40.82 2.7
+Added: (1) Average price paid per share does not include any excise tax for stock repurchases as part of the Inflation Reduction Act of 2022.
Performance Graph
10 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.