1 unchanged sentence
Stock Repurchases
−Removed: The following table summarizes stock repurchases for the three months ended March 31, 2023:
+Added: The following table summarizes stock repurchases for the three months ended June 30, 2023:
ISSUER PURCHASES OF EQUITY SECURITIES
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: January 1 to January 31, 2023 31,302 $ 448.75 — 158,069
−Removed: February 1 to February 28, 2023 1,733 463.89 — 158,069
−Removed: March 1 to March 31, 2023 — — — 158,069
−Removed: 33,035 (2) $ 449.54 —
+Added: April 1 to April 30, 2023 (2) 424 $ 484.04 — 158,069
+Added: May 1 to May 31, 2023 — — — 158,069
+Added: June 1 to June 30, 2023 15,802 484.78 15,802 142,267
+Added: Total 16,226 $ 484.76 15,802
(1) On September 28, 2021, our board of directors authorized the repurchase by us from time to time of up to two million shares of our common stock (the "September 2021 Authorization").
1 unchanged sentence
Repurchases under the September 2021 Authorization may be made in the open market, through privately negotiated transactions, through block trades, pursuant to trading plans adopted in accordance with Rule 10b5‑1 under the Securities Exchange Act of 1934 or otherwise.
−Removed: (2) Amount includes 33,035 shares of common stock released to us by team members as payment of tax withholdings upon the conversion of restricted stock units to common stock and the vesting of restricted stock units.
−Removed: Amended and Restated Bylaws (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed March 7, 2022).
−Removed: Indenture dated as of March 16, 2023 between Credit Acceptance Auto Loan Trust 2023-1 and Computershare Trust Company, N.A.
−Removed: (incorporated by reference to Exhibit 4.111 to the Company’s Current Report on Form 8-K filed March 22, 2023).
−Removed: Backup Servicing Agreement, dated as of March 16, 2023, among the Company, Credit Acceptance Funding LLC 2023-1, Credit Acceptance Auto Loan Trust 2023-1, and Computershare Trust Company, N.A.
−Removed: (incorporated by reference to Exhibit 4.112 to the Company’s Current Report on Form 8-K filed March 22, 2023).
−Removed: Amended and Restated Intercreditor Agreement, dated March 16, 2023, among the Company, CAC Warehouse Funding Corporation II, CAC Warehouse Funding LLC IV, CAC Warehouse Funding LLC V, CAC Warehouse Funding LLC VI, CAC Warehouse Funding LLC VIII, Credit Acceptance Funding LLC 2023-1, Credit Acceptance Funding LLC 2022-3, Credit Acceptance Funding LLC 2022-2, Credit Acceptance Funding LLC 2022-1, Credit Acceptance Funding LLC 2021-4, Credit Acceptance Funding LLC 2021-3, Credit Acceptance Funding LLC 2021-2, Credit Acceptance Funding LLC 2021-1, Credit Acceptance Funding LLC 2020-3, Credit Acceptance Funding LLC 2020-2, Credit Acceptance Funding LLC 2020-1, Credit Acceptance Funding LLC 2019-2, Credit Acceptance Auto Loan Trust 2023-1, Credit Acceptance Auto Loan Trust 2022-3, Credit Acceptance Auto Loan Trust 2022-1, Credit Acceptance Auto Loan Trust 2021-4, Credit Acceptance Auto Loan Trust 2021-3, Credit Acceptance Auto Loan Trust 2021-2, Credit Acceptance Auto Loan Trust 2020-3, Credit Acceptance Auto Loan Trust 2020-2, Credit Acceptance Auto Loan Trust 2020-1, Computershare Trust Company, N.A., Fifth Third Bank, National Association, Bank of Montreal, Wells Fargo Bank, National Association, Flagstar Bank, FSB, Citizens Bank, N.A., and Comerica Bank (incorporated by reference to Exhibit 4.113 to the Company’s Current Report on Form 8-K filed March 22, 2023).
−Removed: Sale and Contribution Agreement, dated as of March 16, 2023, between the Company and Credit Acceptance Funding LLC 2023-1 (incorporated by reference to Exhibit 4.114 to the Company’s Current Report on Form 8-K filed March 22, 2023).
−Removed: Amended and Restated Trust Agreement, dated as of March 16, 2023, between Credit Acceptance Funding LLC 2023-1 and U.S.
−Removed: Bank Trust National Association (incorporated by reference to Exhibit 4.115 to the Company’s Current Report on Form 8-K filed March 16, 2023).
−Removed: Sales and Servicing Agreement dated as of March 16, 2023, among the Company, Credit Acceptance Auto Loan Trust 2023-1, Credit Acceptance Funding LLC 2023-1, and Computershare Trust Company, N.A.
−Removed: Certification of principal executive officer and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification of principal executive officer and principal financial officer pursuant to 18 U.S.C.
−Removed: Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101(SCH) Inline XBRL Taxonomy Extension Schema Document.
−Removed: 101(CAL) Inline XBRL Taxonomy Extension Calculation Linkbase Document.
−Removed: 101(DEF) Inline XBRL Taxonomy Extension Definition Linkbase Document.
−Removed: 101(LAB) Inline XBRL Taxonomy Extension Label Linkbase Document.
−Removed: 101(PRE) Inline XBRL Taxonomy Extension Presentation Linkbase Document.
−Removed: 104 Cover Page Interactive Data File (included in the Exhibit 101 Inline XBRL Document Set).
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: CREDIT ACCEPTANCE CORPORATION
−Removed: Senior Vice President, Finance and Accounting
−Removed: (Chief Accounting Officer)
+Added: (2) Total number of shares purchased includes 424 shares of common stock released to us by team members as payment of tax withholdings upon the conversion of restricted stock units to common stock and the vesting of restricted stock units.
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.