5 unchanged sentences
The Company believes that there are a significant number of beneficial owners of its Common Stock.
−Removed: On May 20, 2024, the Company announced that its Board of Directors (the “Board”) approved a two-for-one split of the Company’s Common Stock.
−Removed: The stock split was effected in the form of a stock dividend paid to stockholders of record as of the close of business on May 31, 2024.
−Removed: The additional shares were distributed on June 11, 2024, and the Common Stock began trading on a split-adjusted basis on June 12, 2024.
−Removed: The shares of Common Stock retain a par value of $0.001 per share.
−Removed: As a result of the stock split, stockholders received one additional share of Common Stock for each share held as of the record date.
−Removed: There was no change in the number of authorized shares of common stock of the Company as a result of the stock split.
−Removed: All current and prior year data impacted by the stock split and presented throughout this Annual Report, including, but not limited to, number of shares and per share information, earnings per share, stock-based compensation data and dividends per share amounts, among others, have been adjusted to reflect the effect of the stock split and to conform to the current year presentation.
Stock Performance Graph
22 unchanged sentences
The timing and amount of any future repurchases will depend on a number of factors, such as the levels of cash generation from operations, the volume of stock options exercised by employees, cash requirements for acquisitions, dividends paid, economic and market conditions and the price of the Common Stock.
−Removed: On April 27, 2021, the Board authorized a stock repurchase program under which the Company could purchase up to $2.0 billion of its Common Stock during the three-year period ending April 27, 2024 (the “2021 Stock Repurchase Program”).
−Removed: During the year ended December 31, 2024, the Company repurchased 4.1 million shares of its Common Stock for $225.6 million under the 2021 Stock Repurchase Program.
−Removed: All of the repurchased shares under the 2021 Stock Repurchase Program during 2024 have been retired by the Company.
−Removed: As a result of these repurchases, the Company completed all repurchases authorized under the 2021 Stock Repurchase Program, and, therefore, the 2021 Stock Repurchase Program has terminated.
−Removed: The Company’s stock repurchases during the three months and year ended December 31, 2024 were as follows, adjusted to give effect to the two-for-one stock split discussed above and in Note 1 of the Notes to Consolidated Financial Statements:
+Added: The Company’s stock repurchases during the three months and year ended December 31, 2025 were as follows:
(dollars in millions, except price per share)
15 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.