2 unchanged sentences
MARKET FOR COMMON EQUITY
−Removed: Our common stock is currently traded on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “CAR.” At January 31, 2025, the number of stockholders of record was 2,109.
+Added: Our common stock is currently traded on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “CAR.” As of January 31, 2026, the number of stockholders of record was 1,980.
DIVIDEND POLICY
4 unchanged sentences
ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Total Number of Shares Purchased
−Removed: (in millions) (a)
−Removed: Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (in millions) Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
−Removed: ($ in millions)
−Removed: October 2024 0.45 $ 81.77 0.45 $ 757
−Removed: November 2024 — — — 757
−Removed: December 2024 — — — 757
−Removed: 0.45 $ 81.77 0.45 $ 757
−Removed: (a) Excludes shares which were withheld by the Company to satisfy employees’ income tax liabilities attributable to the vesting of restricted stock unit awards.
Our Board of Directors has authorized the repurchase of up to approximately $8.1 billion of our common stock under a plan originally approved in 2013 and subsequently expanded, most recently in February 2023 (the “Stock Repurchase Program”).
−Removed: Under our Stock Repurchase Program, we repurchase shares from time to time in open market transactions and may also repurchase shares in accelerated share repurchases, tender offers, privately negotiated transactions or by other means.
+Added: Under our Stock Repurchase Program, we may repurchase shares from time to time in open market transactions, and may also repurchase shares in accelerated share repurchases, tender offers, privately negotiated transactions or by other means.
Repurchases may also be made under a plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
1 unchanged sentence
The Stock Repurchase Program may be suspended, modified or discontinued without prior notice.
+Added: During the fourth quarter of 2025, no common stock repurchases were made under the Stock Repurchase Program.
+Added: As of December 31, 2025, approximately $757 million of authorization remained available to repurchase common stock under the Stock Repurchase Program.
PERFORMANCE GRAPH
9 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.