3 unchanged sentences
Return to Shareholders * Performance Graph
−Removed: The information contained in this Return to Shareholders Performance Graph section shall not be deemed to be "soliciting material" or "filed" or incorporated by reference in future filings with the Securities and Exchange Commission, or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), except to the extent we specifically incorporate it by reference into a document filed under the Securities Exchange Act of 1933, as amended (the Securities Act), or the Exchange Act.
+Added: The information contained in this Return to Shareholders Performance Graph section shall not be deemed to be "soliciting material" or "filed" or incorporated by reference in future filings with the Securities and Exchange Commission (SEC), or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), except to the extent we specifically incorporate it by reference into a document filed under the Securities Exchange Act of 1933, as amended (the Securities Act), or the Exchange Act.
The following graph compares the cumulative total shareholder return (TSR) on our stock with the cumulative total return of the Standard & Poor’s 500 Stock Index (the S&P 500) and the Standard & Poor’s Packaged Foods Index (the S&P Packaged Foods Group).
The graph assumes that $100 was invested on July 31, 2020, in each of our stock, the S&P 500 and the S&P Packaged Foods Group, and that all dividends were reinvested.
−Removed: The total cumulative dollar returns shown on the graph represent the value that such investments would have had on July 28, 2024.
+Added: The total cumulative dollar returns shown on the graph represent the value that such investments would have had on August 3, 2025.
* Stock appreciation plus dividend reinvestment.
24 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.