1 unchanged sentence
Recent Sales of Unregistered Equity Securities
−Removed: There were no sales of unregistered equity securities during the six months ended June 30, 2024.
+Added: There were no sales of unregistered equity securities during the nine months ended September 30, 2024.
Use of Proceeds from Registered Equity Securities
−Removed: We did not receive any proceeds from sales of registered equity securities during the six months ended June 30, 2024.
+Added: We did not receive any proceeds from sales of registered equity securities during the nine months ended September 30, 2024.
Issuer Purchases of Equity Securities
−Removed: The following table presents repurchases of shares of the Company’s Common Stock during the three months ended June 30, 2024:
+Added: The following table presents repurchases of shares of the Company’s Common Stock during the three months ended September 30, 2024:
Total Number of Shares Purchased
3 unchanged sentences
(in thousands)
−Removed: April 1, 2024 - April 30, 2024
+Added: July 1, 2024 - July 31, 2024
— $ — — $ 256,644
−Removed: May 1, 2024 - May 31, 2024
+Added: August 1, 2024 - August 31, 2024
— $ — — $ 256,644
−Removed: June 1, 2024 - June 30, 2024
+Added: September 1, 2024 - September 30, 2024
— $ — — $ 256,644
1 unchanged sentence
_________________
−Removed: (1) On January 24, 2024, the Company's Board of Directors announced the Share Repurchase Plan, pursuant to which the Company is authorized to repurchase, through January 29, 2025, up to a maximum aggregate amount of $350 million of shares of the Company's Common Stock under this Share Repurchase Plan.
+Added: (1) On January 24, 2024, the Company's Board of Directors announced the Share Repurchase Plan, pursuant to which the Company is authorized to repurchase, through January 29, 2025, up to a maximum aggregate amount of $350 million of shares of the Company's Common Stock.
The Company may effect these repurchases pursuant to one or more open market or private transactions, including pursuant to a plan that qualifies for the affirmative defense provided by Rule 10b5‐1 under the Exchange Act, or pursuant to one or more accelerated share repurchase agreements.
The Company is not obligated to repurchase any of its shares of Common Stock, and the timing and amount of any repurchases will depend on legal requirements, market conditions, stock price, the availability of the safe harbor provided by Rule 10b-18 under the Exchange Act, alternative uses of capital, and other factors.
+Added: Subsequent event - In October 2024, the Company repurchased 5 million shares of Common Stock at a price per share of $6.40 for an aggregate purchase price of $32 million.
+Added: As a result, the Company has approximately $225 million remaining under the Share Repurchase Plan.
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.