12 unchanged sentences
under the Plans or
−Removed: April 1-30, 2023
−Removed: May 1-31, 2023
−Removed: June 1-30, 2023
+Added: July 1-31, 2023
+Added: August 1-31, 2023
+Added: September 1-30, 2023
(1) Includes shares reacquired through the withholding of shares to pay employee tax obligations upon the exercise of options or vesting of restricted shares previously granted under our long-term incentive plans.
3 unchanged sentences
The Program does not obligate AWI to repurchase any particular amount of common stock and may be suspended or discontinued at any time without notice.
−Removed: During the three months ended June 30, 2023, we repurchased 0.4 million shares under the Program for a total cost of $30.0 million, excluding commissions and taxes, or an average price of $67.66 per share.
−Removed: During the six months ended June 30, 2023, we repurchased 0.8 million shares under the Program for a total cost of $57.0 million, excluding commissions and taxes, or an average price of $70.31 per share.
−Removed: Since inception and through June 30, 2023, we have repurchased 13.2 million shares under the Program for a total cost of $908.2 million, excluding commissions and taxes, or an average price of $68.76 per share.
−Removed: On July 18, 2023, our Board of Directors approved an additional $500.0 million authorization for us to repurchase outstanding shares of our common stock under the Program and extended the Program to December 31, 2026, bringing the cumulative total repurchase authorization since the inception of the Program to $1,700.0 million of our outstanding shares of common stock.
+Added: During the three months ended September 30, 2023, we repurchased 0.5 million shares under the Program for a total cost of $40.0 million, excluding commissions and taxes, or an average price of $74.80 per share.
+Added: During the nine months ended September 30, 2023, we repurchased 1.3 million shares under the Program for a total cost of $97.0 million, excluding commissions and taxes, or an average price of $72.09 per share.
+Added: Since inception and through September 30, 2023, we have repurchased 13.7 million shares under the Program for a total cost of $948.2 million, excluding commissions and taxes, or an average price of $69.00 per share.
DEFAULTS U PON SENIOR SECURITIES
2 unchanged sentences
OTHER I NFORMATION
+Added: Trading Arrangements of Directors and Executive Officers
+Added: On August 31, 2023 , Victor D.
+Added: Grizzle , our President and Chief Executive Officer , entered into a new 10b5-1 plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities and Exchange Act of 1934, as amended.
+Added: This plan provides for the exercise and sale of 22,914 stock options at market price on December 28, 2023.
+Added: The stock options subject to this plan have a ten-year exercise term limit and are scheduled to expire on February 25, 2024.
The following exhibits are filed as part of this Quarterly Report on Form 10-Q:
−Removed: Amended and Restated Bylaws of Armstrong World Industries, Inc.
−Removed: dated April 19, 2023 is incorporated by reference from the Current Report on Form 8-K filed on April 25, 2023 wherein it appeared as Exhibit 3.1.
−Removed: Form of 2023 Long-Term Time-Based Restricted Stock Unit Grant—Tier I (CEO) under the Armstrong World Industries, Inc.
−Removed: Equity and Cash Incentive Plan is incorporated by reference from the Current Report on Form 8-K filed on May 2, 2023 wherein it appeared as Exhibit 10.1.*
Certification of Chief Executive Officer required by Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act.
11 unchanged sentences
Inline XBRL Taxonomy Extension Presentation Linkbase.
−Removed: The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 has been formatted in Inline XBRL.
−Removed: * Management Contract or Compensatory Arrangement
+Added: The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 has been formatted in Inline XBRL.
Filed herewith.
8 unchanged sentences
Controller (Principal Accounting Officer)
−Removed: July 25, 2023
+Added: October 24, 2023
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.