−Removed: Item 2 – Unregistered Sales of Equ ity Securities and Use of Proceeds
+Added: Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds
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 June 30, 2020 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 September 30, 2020 pursuant to its publicly announced stock repurchase plan, which represents the total number of shares purchased by the Company and its affiliates.
Total Number of
8 unchanged sentences
Under the Program
−Removed: April 1 to April 30, 2020
−Removed: May 1 to May 31, 2020
−Removed: June 1 to June 30, 2020
+Added: July 1 to July 31, 2020
+Added: August 1 to August 31, 2020
+Added: September 1 to September 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.
2 unchanged sentences
There is no expiration date for the repurchase program.
−Removed: 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.
−Removed: As of June 30, 2020, the Company had repurchased 36,320,229 shares of its common stock over the life of the program.
+Added: Although the Company had temporarily suspended share repurchases under its stock repurchase program from March 21 through June 14, 2020, the Company repurchased 184,963 shares of its common stock for $14.4 million at an average price of $78.07 per share during the six months ended September 30, 2020 after its stock repurchase program resumed.
+Added: As of September 30, 2020, the Company had repurchased 36,470,554 shares of its common stock over the life of the program.
Item 3 – Defaults Upon Senior Securities – None.
1 unchanged sentence
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.