3 unchanged sentences
Dividend Policy
−Removed: Prior to February 2024, we had never declared or paid any cash dividends on our common stock.
−Removed: On February 28, 2024, we announced a quarterly dividend policy and the declaration of our first-ever cash dividend.
−Removed: This cash dividend of $0.40 per share of the Company’s outstanding common stock will be paid on April 11, 2024 to stockholders of record as of the close of business on March 14, 2024.
+Added: Prior to the fiscal year ended January 31, 2025, we had never declared or paid any cash dividends on our common stock.
+Added: For the fiscal year ended January 31, 2025 we announced the following dividends (in millions, except dividend per share):
+Added: Record Date Payment Date Dividend per Share Amount
+Added: March 14, 2024 April 11, 2024 $ 0.40 $ 388
+Added: July 9, 2024 July 25, 2024 $ 0.40 $ 388
+Added: September 18, 2024 October 8, 2024 $ 0.40 $ 385
+Added: December 18, 2024 January 9, 2025 $ 0.40 $ 388
The payment of future cash dividends is subject to future declaration by our Board, which will be based in part on continued capital availability, general economic and market conditions, applicable laws and agreements and our Board continuing to determine that the declaration of dividends is in the best interests of the Company and its stockholders.
12 unchanged sentences
Recent Sales of Unregistered Securities
+Added: In connection with the Company’s acquisition of Zoomin Software Ltd, on November 1, 2024, the Company issued 116,132 shares of its common stock to certain former stockholders of Zoomin Software Ltd.
+Added: that will vest over time.
+Added: In connection with the Company’s acquisition of Own Company Ltd., on November 18, 2024, the Company issued 43,682 shares of its common stock to certain former stockholders of Own Company Ltd.
+Added: that will vest over time.
+Added: These issuances were made in reliance on one or more of the following exemptions or exclusions from the registration requirements of the Securities Act:
+Added: Section 4(a)(2) of the Securities Act, Regulation D promulgated under the Securities Act and Regulation S promulgated under the Securities Act.
Issuer Purchases of Equity Securities
4 unchanged sentences
January 2025 0 $332.25 0 $10,569
+Added: Total (2) 0 0
(1) In August 2022, the Board of Directors authorized a program to repurchase up to $10.0 billion of the Company’s common stock (the “Share Repurchase Program”).
In February 2023, the Board of Directors authorized an additional $10.0 billion in repurchases under the Share Repurchase Program, for an aggregate total authorized of $20.0 billion.
−Removed: In February 2024, the Board of Directors authorized an additional $10.0 billion in repurchases under the Share Repurchase Program, for an aggregate total authorized of $30.0 billion.
+Added: 2024, the Board of Directors authorized an additional $10.0 billion in repurchases under the Share Repurchase Program, for an aggregate total authorized of $30.0 billion.
The Share Repurchase Program does not have a fixed expiration date and does not obligate the Company to acquire any specific number of shares.
Under the Share Repurchase Program, shares of common stock may be repurchased using a variety of methods, including privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act, as part of accelerated share repurchases and other methods.
−Removed: The timing, manner, price and amount of any repurchases are determined by the Company in its discretion and depend on a variety
−Removed: of factors, including legal requirements, price and economic and market conditions.
+Added: The timing, manner, price and amount of any repurchases are determined by the Company in its discretion and depend on a variety of factors, including legal requirements, price and economic and market conditions.
All repurchases disclosed in the table were made pursuant to the publicly announced Share Repurchase Program.
+Added: (2) The Company repurchased less than 1 million shares under the Share Repurchase Agreement in the fourth quarter of fiscal 2025 for approximately $73 million.
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.