1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The following table provides information regarding our repurchases of common stock during the three months ended September 30, 2022:
+Added: The following table provides information regarding our repurchases of common stock during the three months ended March 31, 2023:
Period Total Number of
5 unchanged sentences
Purchased Under the Program
−Removed: July 1, 2022 through July 31, 2022 297,700 $ 26.95 297,700 $ 145,577,000
−Removed: August 1, 2022 through August 31, 2022 376,045 25.78 376,045 135,883,000
−Removed: September 1, 2022 through September 30, 2022 481,864 (1) 21.84 481,080 125,375,000
+Added: January 1, 2023 through January 31, 2023 — $ — — $ 9,771,000
+Added: February 1, 2023 through February 28, 2023 7,266 (1) 27.16 — 200,000,000
+Added: March 1, 2023 through March 31, 2023 107,226 (1) 26.15 — 200,000,000
Total 114,492 $ 26.21 —
−Removed: (1) Pursuant to our 2016 and 2020 Equity and Performance Incentive Plan, we granted RSUs.
+Added: (1) Pursuant to our 2016 and 2020 Equity and Performance Incentive Plan, we granted TSRs and RSUs.
Under each arrangement, shares are issued without direct cost to the employee.
−Removed: During the three months ended September 30, 2022, 2,607 shares of RSUs vested.
+Added: During the three months ended March 31, 2023, 333,812 shares of RSUs vested.
We withheld 114,492 of those shares to pay the employees’ portion of the applicable minimum payroll withholding.
In 2005, our board approved a stock repurchase program authorizing us, as market and business conditions warrant, to acquire our common stock and periodically authorize additional funds for the program, with the intention of using existing cash and cash equivalents to fund these repurchases.
−Removed: In December 2021, the board approved the repurchase of the Company's common stock of up to $250.0 million, in place of the remaining purchase amounts previously authorized.
−Removed: As of September 30, 2022, the maximum remaining amount authorized for purchase under the stock repurchase program was approximately $125.4 million.
+Added: On February 24, 2023, the board approved the repurchase of the Company's common stock of up to $200.0 million, in place of the remaining purchase amounts previously authorized.
+Added: As of March 31, 2023, the maximum remaining amount authorized for purchase under the stock repurchase program was approximately $200.0 million.
There is no guarantee as to the exact number of shares we will repurchase.
8 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.