1 unchanged sentence
Principal Market
−Removed: Adient's ordinary shares are traded on the New York Stock Exchange ("NYSE") under the symbol "ADNT." A "when-issued" trading market for Adient's ordinary shares began on the NYSE on October 17, 2016, and "regular way" trading of Adient's ordinary shares began on October 31, 2016.
−Removed: Prior to October 31, 2016, there was no public market for Adient's ordinary shares.
+Added: Adient's ordinary shares are traded on the New York Stock Exchange (“NYSE”) under the symbol “ADNT.”
As of September 30, 2023, there were 23,057 shareholders of record.
5 unchanged sentences
Repurchases of Equity Securities
−Removed: There was no share repurchase activity during the three months ended September 30, 2022.
−Removed: 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: In November 2022, Adient’s board of directors authorized the repurchase of Adient’s ordinary shares up to an aggregate purchase price of $600 million with no expiration date.
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.
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.
+Added: During fiscal 2023, Adient repurchased $65 million of its ordinary shares at an average price of $37.00 a share under the program.
+Added: As of September 30, 2023, Adient has a remaining repurchase authorization of $535 million.
+Added: There was no share repurchase activity during the three months ended September 30, 2023.
Stock Performance Graph
4 unchanged sentences
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., Group Forvia, Goodyear Tire & Rubber, Huayu Automotive Systems Co.
−Removed: Ltd., Lear Corp, Magna International Inc., Tenneco Inc.
−Removed: and Toyota Boshoku Corp.
+Added: The peer group referenced in the graph below consists of Autoliv, Inc., BorgWarner, Inc., Cooper-Standard Holding, Inc., Forvia SE, Goodyear Tire & Rubber, Huayu Automotive Systems Co.
+Added: Ltd., Lear Corp, Magna International Inc., and Toyota Boshoku Corp.
+Added: has been removed from the peer group for all periods due to it no longer being a listed company.
Adient plc | Form 10-K | 29
+Added: *$100 invested on 9/30/18 in stock or index, including reinvestment of dividends.
+Added: Fiscal year ending September 30.
+Added: Copyright© 2023 Standard & Poor’s, a division of S&P Global.
+Added: All rights reserved.
+Added: Copyright© 2023 Russell Investment Group.
+Added: All rights reserved.
Sep/2018 Sep/2019 Sep/2020 Sep/2021 Sep/2022 Sep/2023
4 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.