1 unchanged sentence
Our common stock is listed on The NASDAQ Global Select Market (NASDAQ) under the symbol “AMD”.
−Removed: On January 28, 2022, there were 4,492 registered holders of our common stock, and the closing price of our common stock was $105.24 per share as reported on NASDAQ.
+Added: On February 22, 2023, there were 5,014 registered holders of our common stock, and the closing price of our common stock was $76.61 per share as reported on NASDAQ.
Issuer Purchases of Equity Securities
−Removed: In May 2021, we announced that our Board of Directors approved a new stock repurchase program to purchase up to $4 billion of our outstanding common stock in the open market.
+Added: In May 2021, our Board of Directors approved a stock repurchase program of up to $4 billion of our common stock (Existing Repurchase Program).
+Added: In February 2022, our Board of Directors approved a new stock repurchase program in addition to the Existing Repurchase Program to purchase up to additional $8 billion of our outstanding common stock in the open market (collectively referred to as the “Repurchase Program”).
We expect to fund repurchases through cash generated from operations which have been strengthened by our strong operational results.
−Removed: Our stock repurchase program does not obligate us to acquire any common stock, has no termination date and may be suspended or discontinued at any time.
+Added: Our Repurchase Program does not obligate us to acquire any common stock, has no termination date and may be suspended or discontinued at any time.
The following table provides information relating to our repurchase of common stock for the year ended December 31, 2022:
Total Number of Shares Repurchased Average Price Paid per Share Total Number of Shares Repurchased as Part of Publicly Announced Program Maximum Dollar Value of Shares That May Yet be Purchased Under the Program
−Removed: (In millions, except per share data)
+Added: (In millions)
Repurchases during each fiscal quarter of 2022:
+Added: December 26, 2021 - March 26, 2022 15,785,806 $ 121.03 15,785,806 $ 8,327
March 27, 2022 - June 25, 2022 10,159,900 $ 90.58 10,159,900 $ 7,407
24 unchanged sentences
Unregistered Sales of Equity Securities
−Removed: On December 14 , 2021, we issued 109,807 shares of AMD’s common stock pursuant to an exercise in full by a commercial partner of a warrant to purchase up to 127,435 shares of AMD’s common stock at an exercise price of $20.0423 per share (the Warrant).
−Removed: As a result, the Warrant is no longer outstanding.
−Removed: The commercial partner acquired the Warrant on December 26, 2018 pursuant to a strategic arrangement with such partner.
−Removed: The shares of common stock were issued pursuant to Section 3(a)(9) of the Securities Act of 1933.
−Removed: On December 27, 2021, we issued warrants to purchase 63,226 shares of our common stock to a commercial partner pursuant to a strategic arrangement executed in 2018 with such partner.
−Removed: The warrants have an exercise price of $25.4994 per share and expire on December 27, 2024.
+Added: On January 3, 2023, we issued warrants to purchase 300,260 shares of our common stock to a commercial partner pursuant to a strategic arrangement executed in 2018 with such partner.
+Added: The warrants have an exercise price of $25.4994 per share and expire on January 3, 2026.
The warrants were issued pursuant to Section 4(a)(2) of the Securities Act of 1933.
+Added: On February 9, 2023, we issued 27,230 shares of AMD’s common stock pursuant to an exercise in full by a commercial partner of warrants to purchase up to 42,260 shares of AMD’s common stock at an exercise price of $25.4994 per share (the Warrants).
+Added: As a result, the Warrants are no longer outstanding.
+Added: The commercial partner acquired the Warrants on March 30, 2020 and June 29, 2020 pursuant to a strategic arrangement with such partner.
+Added: The shares of common stock were issued pursuant to Section 3(a)(9) of the Securities Act of 1933.
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.