2 unchanged sentences
The following table sets forth purchases and redemptions of Choice Hotels International, Inc.
−Removed: common stock made by the Company during the three months ended March 31, 2022:
+Added: common stock made by the Company during the six months ended June 30, 2022:
Month Ending Total Number of
12 unchanged sentences
March 31, 2022 — — — 3,272,976
+Added: April 30, 2022 — — — 3,272,976
+Added: May 31, 2022 — — — 3,272,976
+Added: June 30, 2022 — — — 3,272,976
Total 68,486 $ 144.97 68,486 3,272,976
2 unchanged sentences
The share repurchase program is discretionary in nature and the board of directors has the ability to modify, suspend, or discontinue the program at any time.
−Removed: Since the program's inception through March 31, 2022, the Company has repurchased 51.8 million shares (including 33.0 million prior to the two-for-one stock split effected in October 2005) of common stock at a total cost of $1.5 billion.
+Added: Since the program's inception through June 30, 2022, the Company has repurchased 51.8 million shares (including 33.0 million prior to the two-for-one stock split effected in October 2005) of common stock at a total cost of $1.5 billion.
Considering the effect of the two-for-one stock split, the Company has repurchased 84.8 million shares at an average price of $17.73 a share.
−Removed: (2) During the three months ended March 31, 2022, the Company redeemed 32,426 shares of common stock from employees to satisfy the option price and minimum tax-withholding requirements related to the exercising of options and vesting of restricted stock and performance vested restricted stock unit grants.
+Added: (2) During the six months ended June 30, 2022, the Company redeemed 34,848 shares of common stock from employees to satisfy the option price and minimum tax-withholding requirements related to the exercising of options and vesting of restricted stock and performance vested restricted stock unit grants.
These redemptions were not part of the board repurchase authorization.
2 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.