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See Note 7 - Stock-based and Deferred Compensation Plans of the Notes to Consolidated Financial Statements for details regarding the plan.
−Removed: Purchases of Equity Securities by the Issuer and Affiliated Purchasers - The following table provides information regarding our purchases of common stock during the fourteen weeks ended December 31, 2023:
−Removed: REPORTING PERIOD TOTAL NUMBER OF SHARES PURCHASED AVERAGE PRICE PAID PER SHARE TOTAL NUMBER OF SHARES PURCHASED AS PART OF PUBLICLY ANNOUNCED PLANS OR PROGRAMS APPROXIMATE DOLLAR VALUE OF SHARES THAT MAY YET BE PURCHASED UNDER THE PLANS OR PROGRAMS (1)
−Removed: September 25, 2023 through October 22, 2023 269,131 $ 23.78 269,131 $ 81,461,316
−Removed: October 23, 2023 through November 19, 2023 137,044 $ 23.35 137,044 $ 78,261,379
−Removed: November 20, 2023 through December 31, 2023 329,103 $ 25.10 329,103 $ 70,000,707
−Removed: Total 735,278 735,278
−Removed: ____________________
−Removed: (1) On February 7, 2023, our Board approved a share repurchase authorization of up to $125.0 million of our outstanding common stock as announced in our press release issued February 16, 2023 (the “2023 Share Repurchase Program”).
−Removed: Subsequent to December 31, 2023, we repurchased $12.5 million of our common stock authorized under the 2023 Share Repurchase Program under a Rule 10b5-1 plan.
−Removed: In February 2024, our Board canceled the remaining $57.5 million of authorization under the 2023 Share Repurchase Program and approved a new $350.0 million authorization (the “2024 Share Repurchase Program”), as announced in our press release issued on February 23, 2024.
+Added: Purchases of Equity Securities by the Issuer and Affiliated Purchasers - In February 2024, our Board canceled the remaining $57.5 million of authorization under the 2023 Share Repurchase Program and approved a new $350.0 million authorization (the “2024 Share Repurchase Program”), as announced in our press release issued on February 23, 2024.
The 2024 Share Repurchase Program will expire on August 13, 2025.
+Added: We did not repurchase any shares of our outstanding common stock during the thirteen weeks ended December 29, 2024 .
+Added: As of December 29, 2024, we had $96.8 million of remaining share repurchase authorization under the 2024 Share Repurchase Program.
BLOOMIN’ BRANDS, INC.
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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.