Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Our share repurchase activity in the three months ended April 28, 2024 was:
+Added: Our share repurchase activity in the three months ended October 27, 2024 was:
Period Total Number
14 unchanged sentences
1,098,000 $ 507
+Added: ____________________________________
(1) Shares purchased are as of the trade date.
2 unchanged sentences
Any excise tax incurred is recognized as part of the cost basis of the shares acquired in the Consolidated Statements of Equity.
−Removed: (3) In June 2021, our Board of Directors authorized an anti-dilutive share repurchase program of up to $250 million (June 2021 program) to offset the impact of dilution from shares issued under our stock compensation programs.
−Removed: The June 2021 program has no expiration date, but it may be suspended or discontinued at any time.
−Removed: Repurchases under the June 2021 program may be made in open-market or privately negotiated transactions.
(3) In September 2021, the Board approved a strategic share repurchase program of up to $500 million (September 2021 program).
1 unchanged sentence
Repurchases under the September 2021 program may be made in open-market or privately negotiated transactions.
+Added: In September 2024, the Board authorized an anti-dilutive share repurchase program of up to $250 million (September 2024 program) to offset the impact of dilution from shares issued under our stock compensation programs.
+Added: The September 2024 program has no expiration date, but it may be suspended or discontinued at any time.
+Added: Repurchases under the September 2024 program may be made in open-market or privately negotiated transactions .
+Added: The September 2024 program replaced an anti-dilutive share repurchase program of up to $250 million that was approved by the Board in June 2021 and has been terminated.
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.