1 unchanged sentence
There were no sales of unregistered equity securities during the period covered by this report.
−Removed: The following table sets forth the repurchases of the Company’s common stock made by or on behalf of the Company in open-market transactions for the quarter ended December 31, 2019 pursuant to its publicly announced stock repurchase plan.
+Added: The following table sets forth the repurchases of the Company’s common stock made by or on behalf of the Company in open-market transactions for the quarter ended June 30, 2020 pursuant to its publicly announced stock repurchase plan.
Total Number of
8 unchanged sentences
Under the Program
−Removed: October 1 to October 31, 2019
−Removed: November 1 to November 30, 2019
−Removed: December 1 to December 31, 2019
+Added: April 1 to April 30, 2020
+Added: May 1 to May 31, 2020
+Added: June 1 to June 30, 2020
In 1996, the Company’s Board of Directors authorized a stock repurchase program for up to 100,000 shares of the Company’s common stock.
The Company’s Board of Directors has periodically increased the number of shares authorized for repurchase under the repurchase program.
−Removed: In February 2019, the Company’s Board of Directors increased the number of shares of common stock authorized to be repurchased over the life of the program by 1,000,000 shares of common stock to 37,000,000 shares of common stock.
+Added: The Company’s Board of Directors has authorized up to 37,000,000 shares of common stock to be repurchased over the life of the program.
There is no expiration date for the repurchase program.
−Removed: As of December 31, 2019, the Company had repurchased 36,052,141 shares of its common stock over the life of the program.
−Removed: I tem 3 – Defaults Upon Senior Securities – None.
+Added: Although the Company had temporarily suspended share repurchases under its stock repurchase program from March 21 through June 14, 2020, the Company repurchased 34,638 shares of its common stock for $2.4 million at an average price of $69.27 per share during the three months ended June 30, 2020 after its stock repurchase program resumed.
+Added: As of June 30, 2020, the Company had repurchased 36,320,229 shares of its common stock over the life of the program.
+Added: Item 3 – Defaults Upon Senior Securities – None.
Item 4 – Mine Safety Disclosures – Not applicable.
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.