10 unchanged sentences
Blackbaud, Inc.
−Removed: $100.00 $72.44 $99.39 $74.07 $109.11 $93.03
Nasdaq Composite Index
10 unchanged sentences
October 1, 2025 through October 31, 2025
−Removed: 710,974 718,886
November 1, 2025 through November 30, 2025
December 1, 2025 through December 31, 2025
−Removed: Total 1,611,063 $ 58.04 1,600,454 $ 644,562
−Removed: (1) Includes 10,609 shares (9,847 in November and 762 in December) withheld by us to satisfy the minimum tax obligations of employees due upon vesting of restricted stock awards and units.
+Added: (1) Includes 4,213 shares (1,274 in October, 2,182 in November and 757 in December) withheld by us to satisfy the minimum tax obligations of employees due upon vesting of restricted stock awards and units.
The level of this acquisition activity varies from period to period based upon the timing of award grants and vesting.
−Removed: (2) In July 2024, our Board of Directors reauthorized, expanded and replenished our stock repurchase program by raising the total capacity under the program from $500.0 million to $800.0 million available for repurchases.
+Added: (2) In December 2025, our Board of Directors reauthorized, expanded and replenished our stock repurchase program by raising the total capacity under the program from $800.0 million to $1.0 billion available for repurchases.
The program does not have an expiration date.
−Removed: (3) Includes the settlement of the ASR in October 2024 in which no cash was exchanged (see discussion on page 56 ).
We have not declared or paid any cash dividends on our common stock since the first quarter of 2020, and we do not presently plan to pay cash dividends on our common stock in the foreseeable future.
3 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.