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 first quarter of 2023:
+Added: The following table provides information relating to our repurchases of common stock during the second quarter of 2023:
Maximum Number
7 unchanged sentences
per Share (1)
−Removed: January 29, 2023 - February 25, 2023
−Removed: February 26, 2023 - April 1, 2023
−Removed: April 2, 2023 - April 29, 2023
−Removed: (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.
+Added: April 30, 2023 - May 27, 2023
+Added: May 28, 2023 - July 1, 2023
+Added: July 2, 2023 - July 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 awards.
+Added: The average price per share on repurchases of our common stock excludes the cost of broker commissions.
+Added: No excise taxes were due on the Company’s share repurchases during the twenty-six weeks ended July 29, 2023 under the provisions of the Inflation Reduction Act of 2022.
(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.
−Removed: 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.
−Removed: As of April 29, 2023, there were 6,367,379 shares authorized to be repurchased under the repurchase programs.
+Added: the repurchase programs to repurchase shares on the open market or in private transactions.
+Added: Under the 2022 Program, the Company repurchased 763,000 shares during the thirteen and twenty-six weeks ended July 29, 2023.
+Added: During the thirteen and twenty-six weeks ended July 30, 2022, the Company repurchased 1,083,496 and 1,784,820 shares, respectively, under these programs.
+Added: As of July 29, 2023, there were 5,604,379 shares authorized to be repurchased under the 2022 Program.
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.