1 unchanged sentence
(c) Issuer Purchases of Equity Securities
−Removed: During the first quarter of Fiscal 2022, the Company reinstated its $500 million share repurchase program, which was previously suspended in response to the impact of the COVID-19 pandemic.
−Removed: The Company also has in place a “withhold to cover” repurchase program, which allows the Company to withhold ordinary shares from certain executive officers and directors to satisfy minimum tax withholding obligations relating to the vesting of their restricted share awards.
−Removed: The following table provides information of the Company’s ordinary shares repurchased or withheld during the three months ended September 25, 2021:
+Added: The following table provides information of the Company’s ordinary shares repurchased or withheld during the three months ended December 25, 2021:
of Shares Average Price
2 unchanged sentences
Publicly Announced
−Removed: Programs Remaining Dollar Value of Shares That May Be Purchased Under the Programs (in millions)
−Removed: June 27 – July 24 — $ — — $ 350
−Removed: July 25 – August 21 593,275 $ 53.86 567,023 $ 319
−Removed: August 22 – September 25 1,224,172 $ 56.65 1,224,172 $ 250
+Added: Remaining Dollar Value of Shares That May Be Purchased Under the Programs (in millions) (1)
+Added: September 26 – October 23 — $ — — $ 250
+Added: October 24 – November 20 598,066 $ 63.23 598,066 $ 962
+Added: November 21 – December 25 2,623,903 $ 61.81 2,623,903 $ 800
3,221,969 3,221,969
−Removed: Please refer to the accompanying Exhibit Index included after the signature page of this report for a list of exhibits filed or furnished with this report.
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on November 3, 2021.
−Removed: CAPRI HOLDINGS LIMITED
−Removed: Chairman & Chief Executive Officer
−Removed: /s/ Thomas J.
−Removed: Executive Vice President, Chief Financial Officer and Chief Operating Officer
−Removed: INDEX TO EXHIBITS
−Removed: Fourth Amended and Restated Employment Agreement, dated as of August 24, 2021, by and among Capri Holdings Limited, Michael Kors (USA), Inc.
−Removed: Employment Agreement, dated as of August 24, 2021, by and among Capri Holdings Limited, Michael Kors (USA), Inc.
−Removed: and Joshua Schulman.
−Removed: Suspension of Rights Agreement, dated as of September 23, 2021, to the Third Amended and Restated Credit Agreement, dated as of November 15, 2018 (as amended by the First Amendment to Third Amended and Restated Credit Agreement, dated as of March 20, 2020 and the Second Amendment to Third Amended and Restated Credit Agreement and First Amendment to Third Amended and Restated Guarantee Agreement, dated as of June 25, 2020, the “Credit Agreement”) among, Michael Kors (USA), Inc., Capri Holdings Limited, the Foreign Subsidiary Borrowers party to the Credit Agreement, JPMorgan Chase Bank, N.A., as Administrative Agent, the Lenders thereto and the other parties party thereto.
−Removed: Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification of Chief Executive Officer pursuant to 18 U.S.C.
−Removed: Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification of Chief Financial Officer pursuant to 18 U.S.C.
−Removed: Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101.1 The following financial information from the Company’s Quarterly Report on Form 10-Q for the period ended September 25, 2021 formatted in Inline eXtensible Business Reporting Language:
−Removed: (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations and Comprehensive Income (Loss), (iii) Consolidated Statements of Shareholders’ Equity, (iv) Consolidated Statements of Cash Flows, and (v) Notes to Consolidated Financial Statements.
+Added: (1) During the first quarter of Fiscal 2022, the Company reinstated its $500 million share repurchase program, which had been previously suspended in response to the impact of the COVID-19 pandemic.
+Added: Subsequently, on November 3, 2021, the Company announced that its Board of Directors had terminated the Company’s existing $500 million share repurchase program, which had $250 million of availability remaining at the time, and authorized a new share repurchase program pursuant to which the Company may, from time to time, repurchase up to $1.0 billion of its outstanding ordinary shares within a period of two years from the effective date of the program.
+Added: The Company continues to have in place a “withhold to cover” repurchase program, which allows the Company to withhold ordinary shares from certain executive officers and directors to satisfy minimum tax withholding obligations relating to the vesting of their restricted share awards.
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.