2 unchanged sentences
Our ordinary shares trade on the NYSE under the symbol “CPRI”.
−Removed: At April 1, 2023, there were 117,347,045 ordinary shares outstanding, and the closing price of our ordinary shares was $47.00.
+Added: At March 30, 2024, there were 116,629,634 ordinary shares outstanding, and the closing price of our ordinary shares was $45.30.
Also as of that date, we had approximately 128 ordinary shareholders of record.
4 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: On June 1, 2022, the Board of Directors terminated our Fiscal 2022 Plan, with $500 million of availability remaining, and authorized a new share repurchase program pursuant to which we may, from time to time, repurchase up to $1.0 billion of our outstanding ordinary shares within period of two years from the effective date of the program.
−Removed: On November 9, 2022, the Company announced that its Board of Directors approved a new share repurchase program of up to $1 billion of its outstanding ordinary shares, providing additional capacity to return cash to shareholders over the longer term.
−Removed: This new two-year program replaced the Company’s existing $1 billion share repurchase program which had $250 million of availability remaining.
−Removed: Share repurchases may be made in open market or privately negotiated transactions and/or pursuant to Rule 10b5-1 trading plans, subject to market conditions, applicable legal requirements, trading restrictions under the Company’s insider trading policy and other relevant factors.
−Removed: The program may be suspended or discontinued at any time.
−Removed: The following table provides information regarding our ordinary share repurchases during the three months ended April 1, 2023:
−Removed: Total Number of Shares Average Price Paid per Share Total Number of
−Removed: Purchased as Part of
−Removed: Publicly Announced
+Added: The following table provides information regarding our ordinary share repurchases during the three months ended March 30, 2024:
+Added: Total Number of Shares (1)
+Added: Average Price Paid per Share Total Number of
+Added: Shares Purchased as
+Added: Part of Publicly
Programs Remaining Dollar Value of Shares That May Be Purchased Under the Programs (in millions)
−Removed: January 1, 2023 – January 28, 2023 604 $ 64.64 — $ 800
+Added: December 31, 2023 – January 27, 2024 — $ — — $ 300
January 28, 2024 – February 24, 2024 — $ — — $ 300
−Removed: February 26, 2023 – April 1, 2023 5,146,526 $ 45.66 5,146,526 $ 400
−Removed: 8,435,694 8,435,090
+Added: February 25, 2024 – March 30, 2024 — $ — — $ 300
+Added: (1) Share repurchases may be made in open market or privately negotiated transactions and/or pursuant to Rule 10b5-1 trading plans, subject to market conditions, applicable legal requirements, trading restrictions under the Company’s
+Added: insider trading policy and other relevant factors;
+Added: however, pursuant to the terms of the Merger Agreement, and subject to certain limited exceptions, we may not repurchase our ordinary shares other than the acceptance of our ordinary shares as payment of the exercise price of options or for withholding taxes with respect to our equity awards.
+Added: Accordingly, we did not repurchase any ordinary shares during the three months ended March 30, 2024 pursuant to the Existing Share Repurchase Plan, and we do not expect to repurchase any of our ordinary shares in connection with the Existing Share Repurchase Plan prior to the Merger or earlier termination of the Merger Agreement, except withhold to cover.
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.