ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The following table provides information relating to our repurchases of common stock during the third quarter of 2022:
+Added: The following table provides information relating to our repurchases of common stock during the first quarter of 2023:
Maximum Number
7 unchanged sentences
per Share (1)
−Removed: July 31, 2022 - August 27, 2022
−Removed: August 28, 2022 - October 1, 2022
−Removed: October 2, 2022 - October 29, 2022
−Removed: (1) Includes shares purchased as part of our publicly announced stock repurchase programs and shares that were tendered by employees related to certain share-based awards.
−Removed: The employee shares were tendered in satisfaction of the exercise price of stock options and/or to satisfy tax withholding amounts for non-qualified stock options, restricted stock and stock performance awards.
+Added: January 29, 2023 - February 25, 2023
+Added: February 26, 2023 - April 1, 2023
+Added: April 2, 2023 - April 29, 2023
+Added: (1) Includes shares that are tendered by employees related to certain share-based awards to satisfy tax withholding amounts for restricted stock and stock performance awards.
(2) On September 2, 2019, the Board of Directors approved a stock repurchase program ("2019 Program") authorizing the repurchase of 5,000,000 shares of our outstanding common stock.
In addition, on March 10, 2022, the Board of Directors approved a stock repurchase program ("2022 Program") authorizing the repurchase of an additional 7,000,000 shares of our outstanding common stock.
−Removed: We can use the repurchase programs to repurchase shares on the open market or in private transactions from time to time, depending on market conditions.
−Removed: The repurchase programs do not have an expiration date.
−Removed: During the thirteen and thirty-nine weeks ended October 29, 2022, the Company repurchased 838,025 and 2,622,845 shares, respectively, under these programs.
−Removed: The Company did not repurchase any shares under these programs during the thirty-nine weeks ended October 30, 2021.
−Removed: As of October 29, 2022, there were 6,367,379 shares authorized to be repurchased under the repurchase programs.
+Added: We can use the repurchase programs to repurchase shares on the open market or in private transactions.
+Added: Under these programs, the Company did not repurchase any shares during the thirteen weeks ended April 29, 2023, and repurchased 701,324 shares during the thirteen weeks ended April 30, 2022.
+Added: As of April 29, 2023, there were 6,367,379 shares authorized to be repurchased under the repurchase programs.
Our repurchases of common stock are limited under our revolving credit agreement.
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.