Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On March 31, 2022, the Board of Directors (the “Board”) authorized the repurchase of up to five million shares of our common stock.
+Added: On January 25, 2024, the Board of Directors (the “Board”) authorized the repurchase of up to an additional three million shares of our common stock.
Under the current share repurchase authorization, we may repurchase shares of our common stock from time to time at prevailing market prices, depending on market conditions, through open market or privately negotiated transactions.
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Repurchases under the program can be discontinued at any time management feels additional repurchases are not warranted.
−Removed: As of November 30, 2023, the maximum number of shares that may yet be repurchased under the share repurchase program authorized by the Board equaled 0.9 million shares.
−Removed: The following table reflects activity related to equity securities we repurchased during the quarter ended November 30, 2023:
+Added: As of February 29, 2024, the maximum number of shares that may yet be repurchased under the share repurchase program authorized by the Board equaled 3.9 million shares.
+Added: The following table reflects activity related to equity securities we repurchased during the quarter ended February 29, 2024:
Purchases of Equity Securities
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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.