11 unchanged sentences
There was no share repurchase activity during the three months ended September 30, 2022.
+Added: In November 2022, Adient’s board of directors authorized the repurchase of the Company’s ordinary shares up to an aggregate purchase price of $600 million with no expiration date.
+Added: Under the share repurchase authorization, Adient’s ordinary shares may be purchased either through discretionary purchases on the open market, by block trades or privately negotiated transactions.
+Added: The number of ordinary shares repurchased, if any, and the timing of repurchases will depend on a number of factors, including share price, trading volume and general market conditions, as well as on working capital requirements, general business conditions and other factors.
Stock Performance Graph
The following information in this Item 5 is not deemed to be “soliciting material” or to be “filed” with the SEC or subject to Regulation 14A or 14C under the Securities Exchange Act of 1934 or to the liabilities of Section 18 of the Securities Exchange Act of 1934, and will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent Adient specifically incorporates it by reference into such a filing.
−Removed: The following graph shows a comparison of cumulative total shareholder return, calculated on a dividend reinvested basis, for Adient’s ordinary shares, the Standard & Poor’s 500 Index, and a peer group for the period October 31, 2016 (the first day ordinary shares were traded following the separation) through September 30, 2021.
−Removed: The graph assumes the value of the investment in Adient's ordinary shares and each index was $100 on October 31, 2016 (which was the date of Adient’s spin off as a public company from its former Parent) and that all dividends were reinvested.
+Added: The following graph shows a comparison of cumulative total shareholder return, calculated on a dividend reinvested basis, for Adient’s ordinary shares, the Standard & Poor’s 500 Index, and a peer group for September 30, 2017 through September 30, 2022.
+Added: The graph assumes the value of the investment in Adient's ordinary shares and each index was $100 on September 30, 2017, and that all dividends were reinvested.
Historic stock price performance is not necessarily indicative of future stock price performance.
Adient selected a peer group comprised of representative independent automotive suppliers whose common stock is publicly traded.
−Removed: The peer group referenced in the graph below consists of Autoliv, Inc., BorgWarner, Inc., Cooper-Standard Holding, Inc., Faurecia SA, Goodyear Tire & Rubber, Huayu Automotive Systems Co.
+Added: The peer group referenced in the graph below consists of Autoliv, Inc., BorgWarner, Inc., Cooper-Standard Holding, Inc., Group Forvia, Goodyear Tire & Rubber, Huayu Automotive Systems Co.
Ltd., Lear Corp, Magna International Inc., Tenneco Inc.
1 unchanged sentence
Adient plc | Form 10-K | 28
−Removed: Oct/2016 Sep/2017 Sep/2018 Sep/2019 Sep/2020 Sep/2021
+Added: Sep/2017 Sep/2018 Sep/2019 Sep/2020 Sep/2021 Sep/2022
Adient plc $ 100 $ 48 $ 28 $ 21 $ 51 $ 34
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.