1 unchanged sentence
Our common stock is listed on the NYSE under the ticker symbol AMT.
−Removed: As of February 17, 2022, we had 455,884,806 outstanding shares of common stock and 141 registered holders.
+Added: As of February 16, 2023, we had 465,646,055 outstanding shares of common stock and 137 holders of record.
As a REIT, we must annually distribute to our stockholders an amount equal to at least 90% of our REIT taxable income (determined before the deduction for distributed earnings and excluding any net capital gain).
9 unchanged sentences
The performance of our common stock reflected below is not necessarily indicative of future performance.
−Removed: Table of Conten ts
Cumulative Total Returns
5 unchanged sentences
FTSE Nareit All Equity REITs Index 100.00 95.96 123.46 117.14 165.51 124.22
+Added: Issuer Purchases of Equity Securities
+Added: In March 2011, our Board of Directors approved a stock repurchase program, pursuant to which we are authorized to repurchase up to $1.5 billion of our common stock (the “2011 Buyback”).
+Added: In December 2017, our Board of Directors approved an additional stock repurchase program, pursuant to which we are authorized to repurchase up to $2.0 billion of our common stock (the “2017 Buyback”, and together with the 2011 Buyback the “Buyback Programs”).
+Added: During the three months ended December 31, 2022, we repurchased a total of 90,042 shares of our common stock for an aggregate of $18.8 million, including commissions and fees, pursuant to the 2011 Buyback.
+Added: There were no repurchases under the 2017 Buyback.
+Added: The table below sets forth details of our repurchases under the 2011 Buyback during the three months ended December 31, 2022.
+Added: Period Total Number of Shares Purchased (1) Average Price Paid per Share (2) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (3)
+Added: (in millions)
+Added: October 1, 2022 - October 31, 2022 — $ — — $ 36.4
+Added: November 1, 2022 - November 30, 2022 65,319 $ 206.33 65,319 $ 22.9
+Added: December 1, 2022 - December 31, 2022 24,723 $ 212.97 24,723 $ 17.6
+Added: Total Fourth Quarter 90,042 $ 208.15 90,042 $ 17.6
+Added: _______________
+Added: (1) Repurchases made pursuant to the 2011 Buyback.
+Added: (2) Average price paid per share is a weighted average calculation using the aggregate price, excluding commissions and fees.
+Added: (3) Remaining under the 2011 Buyback.
+Added: We have repurchased a total of 14,451,325 shares of our common stock under the 2011 Buyback for an aggregate of $1.5 billion, including commissions and fees.
+Added: We expect to continue to manage the pacing of the remaining $2.0 billion under the Buyback Programs in response to general market conditions and other relevant factors.
+Added: We expect to fund any further repurchases of our common stock through a combination of cash on hand, cash generated by operations and borrowings under our credit facilities.
+Added: Purchases under the Buyback Programs are subject to our having available cash to fund repurchases.
+Added: Under the Buyback Programs, our management is authorized to purchase shares from time to time through open market purchases or in privately negotiated transactions not to exceed market prices and subject to market conditions and other factors.
+Added: With respect to open market purchases, we may use plans adopted in accordance with Rule 10b5-1 under the Exchange Act in accordance with securities laws and other legal requirements, which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods.
+Added: These programs may be discontinued at any time.
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.