1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: On November 16, 2021, the board of directors approved a share repurchase program (the “2021 Plan”), under which the Company may repurchase up to $400.0 million of its outstanding common stock.
−Removed: On April 26, 2022, the board of directors approved an amendment to the 2021 Plan, extending it to a total repurchase of the Company’s outstanding common stock of $800.0 million.
−Removed: On November 11, 2022, the board of directors approved an amendment to the 2021 Plan, extending it to a total repurchase authorization of the Company’s outstanding stock of $1,300.0 million.
+Added: On May 2, 2024, the board of directors approved a new share repurchase (the “2024 Plan”).
+Added: The 2024 Plan authorizes the Company to repurchase up to $500.0 million of its outstanding stock.
The 2024 Plan will be funded from the Company’s available cash balances.
−Removed: As of June 28, 2024, there was $28.1 million of purchases remaining under the 2021 Plan.
+Added: As of December 27, 2024, there was $378.1 million of purchases remaining under the 2024 Plan.
The 2024 Plan does not obligate the Company to acquire any particular amount of common stock, and it may be terminated at any time at the Company’s discretion.
−Removed: On May 2, 2024, the board of directors approved a new share repurchase program (the “2024 Plan”) which is scheduled to begin after the repurchase authorization under the 2021 Plan has been exhausted.
−Removed: The 2024 Plan authorizes the Company to repurchase up to $500.0 million of its outstanding stock.
−Removed: The following table shows our purchases of our common stock under the 2021 Plan plan during the second quarter of fiscal 2024 (in thousands, except per share data):
+Added: The following table shows our purchases of our common stock under the 2024 Plan during the first quarter of fiscal 2025 (in thousands, except per share data):
(4-5-4 calendar) Total Number Of Shares Purchased Avg Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Value of Shares that May Yet Be Purchased Under the Program
−Removed: March 30, 2024 to April 26, 2024 184 $ 175.49 184 $ 120,773
−Removed: April 27, 2024 to May 31, 2024 424 $ 159.73 424 $ 53,113
−Removed: June 1, 2024 to June 28, 2024 180 $ 139.20 180 $ 28,114
+Added: October 1, 2024 to October 25, 2024 — $ — — $ 428,114
+Added: October 26, 2024 to November 29, 2024 97 $ 93.96 97 $ 419,009
+Added: November 30, 2024 to December 27, 2024 463 $ 88.35 463 $ 378,114
Total 560 560
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.