1 unchanged sentence
(c) Issuer Purchases of Equity Securities
−Removed: On February 18, 2025, the Company renewed its share repurchase program, pursuant to which the Company may repurchase up to $50 million of its common stock, par value $0.01 per share, for a period of one (1) year, ending on February 17, 2026.
−Removed: The program was announced in a Current Report on Form 8-K on February 18, 2025.
−Removed: The table below sets forth information regarding repurchases of our common stock during the first quarter of 2026 under that program as well as pursuant to the 2020 Equity Plan and other repurchases.
+Added: On April 21, 2026, the Company renewed its share repurchase program, pursuant to which the Company may repurchase up to $60 million of its common stock per year, par value $0.01 per share, for a period of two (2) years, ending on April 20, 2028.
+Added: The program was announced in a Current Report on Form 8-K on April 22, 2026.
+Added: The table below sets forth information regarding repurchases of our common stock during the second quarter of 2026 under that program as well as pursuant to the 2020 Equity Plan and other repurchases.
Maximum Number
8 unchanged sentences
Plans or Programs (2)
−Removed: February 2026
The average price paid per share is calculated on a trade date basis for all open market transactions and excludes commissions and other transaction expenses.
−Removed: Based on the closing per share price as of March 31, 2026 ($135.06).
+Added: Based on the closing per share price as of June 30, 2026 ($148.35).
The Inflation Reduction Act of 2022 (“IRA”) created a new nondeductible 1% excise tax on repurchases of corporate stock by certain publicly traded corporations or their specified affiliates after December 31, 2022.
6 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.