What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2022-09-27 compared with 2021-09-27 · 3 added, 32 removed, 46 unchanged (43% of the section changed)

11 unchanged sentences

For fiscal 2022, 2021, and 2020, we did not repurchase any shares of our common stock under the program.

For fiscal 2019, we repurchased 7,635,596 shares of our common stock under the program at a weighted average price of $47.81 per share totaling $365.0 million.

As of July 31, 2022, the total number of shares repurchased under the program was 114,549,198, and 81,450,802 shares were available for repurchase under our program.

The number and average price of shares purchased in each fiscal year are set forth in the table below:

Shares Purchased Average

Per Share Total Number of

Shares Purchased

as Part of Publicly

Announced Program Maximum Number

of Shares That May

Yet be Purchased

Under the Program (1)

First Quarter — $ — — 89,086,398

Second Quarter 7,635,596 $ 47.81 7,635,596 81,450,802

Third Quarter — $ — — 81,450,802

Fourth Quarter — $ — — 81,450,802

First Quarter — $ — — 81,450,802

Second Quarter — $ — — 81,450,802

Third Quarter — $ — — 81,450,802

Fourth Quarter — $ — — 81,450,802

First Quarter — $ — — 81,450,802

Second Quarter — $ — — 81,450,802

Third Quarter — $ — — 81,450,802

May 1, 2021 through May 31, 2021 — $ — — 81,450,802

June 1, 2021 through June 30, 2021 — $ — — 81,450,802

July 1, 2021 through July 31, 2021 — $ — — 81,450,802

(1) Our stock repurchase program was announced on February 20, 2003.

On September 22, 2011, our Board of Directors approved an 80 million share increase in our stock repurchase program, bringing the total current authorization to 196 million shares.

The repurchase may be effected through solicited or unsolicited transactions in the open market or in privately negotiated transactions.

No time limit has been placed on the duration of the stock repurchase program.

Subject to applicable securities laws, such repurchases will be made at such times and in such amounts as we deem appropriate and may be discontinued at any time.

In fiscal 2019, our former President exercised all of his vested stock options through a cashless exercise.

In fiscal 2020, our Chief Executive Officer exercised all of his vested stock options through a cashless exercise.

In fiscal 2020, our Chief Executive officer now Co-CEO exercised all of his vested stock options through a cashless exercise.

In fiscal 2021, certain employees exercised stock options through a cashless exercise.

In fiscal 2022, no employees exercised stock options through a cashless exercise.

A portion of the options exercised were net settled in satisfaction of the exercise price.

5 unchanged sentences

FY 2021—Q4 90,000 17.73 12,366 29,349 48,285 129.01 3,786

FY 2022 — — — — — — —

(1) Shares withheld for taxes are treated as a repurchase of shares for accounting purposes but do not count against our stock repurchase program.

24 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.

What changed 10-K

Item 5. Market for Registrant’s Common Equity