4 unchanged sentences
Cintas believes that this represents approximately 310,000 beneficial owners.
−Removed: Dividends on Cintas' outstanding common stock have historically been paid annually.
−Removed: In fiscal 2021, however, Cintas' Board of Directors approved a change in dividend policy from an annual dividend to quarterly dividends.
Our Board of Directors declared the following dividends during the fiscal years ended May 31:
4 unchanged sentences
Fiscal Year 2022
−Removed: October 27, 2020 November 6, 2020 December 4, 2020 $ 2.81 $ 297.7
+Added: July 27, 2021 August 13, 2021 September 15, 2021 $ 0.95 $ 98.8
October 26, 2021 November 15, 2021 December 15, 2021 0.95 99.1
4 unchanged sentences
Fiscal Year 2021
−Removed: October 29, 2019 November 8, 2019 December 6, 2019 $ 2.55 $ 268.0
−Removed: Fiscal Year 2019
+Added: October 27, 2020 (1)
+Added: November 6, 2020 December 4, 2020 $ 2.81 $ 297.7
October 27, 2020 November 6, 2020 December 4, 2020 0.70 74.1
−Removed: (1) The dividend declared on April 13, 2021 was included in current accrued liabilities on the consolidated balance sheet at May 31, 2021.
+Added: January 19, 2021 February 15, 2021 March 15, 2021 0.75 79.5
+Added: April 13, 2021 (2)
+Added: May 15, 2021 June 15, 2021 0.75 79.2
+Added: Total $ 5.01 $ 530.5
+Added: (1) Beginning October 27, 2020, our Board of Directors authorized a change in dividend policy from an annual dividend to quarterly dividends.
+Added: (2) The dividends declared on April 12, 2022 and April 13, 2021 were included in current accrued liabilities on the consolidated balance sheet at May 31, 2022 and 2021, respectively.
Stock Performance Graph
25 unchanged sentences
Total 808,751 $ 375.93 764,299 $ 676.6
−Removed: (1) On October 29, 2019, Cintas announced that the Board of Directors authorized a $1.0 billion share buyback program, which does not have an expiration date.
−Removed: From the inception of the October 29, 2019 share buyback program through May 31, 2021, Cintas has purchased a total of 1.2 million shares of Cintas common stock at an average price of $350.31 per share for a total purchase price of $418.8 million.
−Removed: (2) During March 2021, Cintas acquired 133 shares of Cintas common stock in satisfaction of employee payroll taxes due on restricted stock awards that vested during the fiscal year.
−Removed: These shares were purchased at an average price of $341.20 per share for a total purchase price of less than $0.1 million.
−Removed: (3) During April 2021, Cintas acquired 4,907 shares of Cintas common stock in satisfaction of employee payroll taxes due on restricted stock awards that vested during the fiscal year.
+Added: (1) On July 27, 2021, Cintas announced that the Board of Directors authorized a $1.5 billion share buyback program, which does not have an expiration date.
+Added: From the inception of the July 27, 2021 share buyback program through May 31, 2022, Cintas has purchased a total of 2.2 million shares of Cintas common stock at an average price of $383.01 per share for a total purchase price of $823.4 million.
+Added: (2) During March 2022, Cintas acquired 26,601 shares of Cintas common stock in satisfaction of employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
These shares were purchased at an average price of $410.14 per share for a total purchase price of $10.9 million.
−Removed: (4) During May 2021, Cintas acquired 335 shares of Cintas common stock in satisfaction of employee payroll taxes due on restricted stock awards that vested during the fiscal year.
+Added: (3) During April 2022, Cintas acquired 11,830 shares of Cintas common stock in satisfaction of employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
These shares were purchased at an average price of $422.81 per share for a total purchase price of $5.0 million.
−Removed: Selected Financial Data
+Added: (4) During May 2022, Cintas acquired 6,021 shares of Cintas common stock in satisfaction of employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
+Added: These shares were purchased at an average price of $389.70 per share for a total purchase price of $2.3 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.