−Removed: UNREGISTERED SALES OF EQUITY
−Removed: SECURITIES AND USE OF PROCEEDS
+Added: UNREGISTERED SALES OF EQUITY SECURITIES,
+Added: USE OF PROCEEDS AND ISSUER PURCHASES OF EQUITY SECURITIES
(In millions, except share and per share data)
8 unchanged sentences
purchased under
−Removed: December 1 - 31, 2022 (2)
+Added: June 1 - 30, 2023 (2)
6,785 $ 486.91 — $ 1,458.3
−Removed: January 1 - 31, 2023 (3)
+Added: July 1 - 31, 2023 (3)
117,656 $ 505.19 — $ 1,458.3
−Removed: February 1 - 28, 2023 (4)
+Added: August 1 - 31, 2023 (4)
21,179 $ 497.38 — $ 1,458.3
1 unchanged sentence
(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.
−Removed: From the inception of the July 27, 2021 share buyback program through February 28, 2023, Cintas has purchased a total of 2.7 million shares of Cintas common stock at an average price of $385.62 per share for a total purchase price of $1.0 billion.
+Added: From the inception of the July 27, 2021 share buyback program through August 31, 2023, Cintas has purchased a total of 2.7 million shares of Cintas common stock at an average price of $385.80 per share for a total purchase price of $1.041.7 million.
On July 26, 2022, Cintas announced that the Board of Directors authorized a new $1.0 billion share buyback program, which does not have an expiration date.
−Removed: There were no share buybacks under the July 26, 2022 share buyback program through February 28, 2023.
−Removed: (2) During December 2022, Cintas acquired 14,257 shares of Cintas common stock in trade for employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
+Added: There were no share buybacks under the July 26, 2022 share buyback program through August 31, 2023.
+Added: (2) During June 2023, Cintas acquired 6,785 shares of Cintas common stock in trade for employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
These shares were acquired at an average price of $486.91 per share for a total purchase price of $3.3 million.
−Removed: (3) During January 2023, Cintas acquired 22,011 shares of Cintas common stock in trade for employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
+Added: (3) During July 2023, Cintas acquired 117,656 shares of Cintas common stock in trade for employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
These shares were acquired at an average price of $505.19 per share for a total purchase price of $59.4 million.
−Removed: (4) During February 2023, Cintas acquired 13,276 shares of Cintas common stock in trade for employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
+Added: (4) During August 2023, Cintas acquired 21,179 shares of Cintas common stock in trade for employee payroll taxes due on options exercised and restricted stock awards that vested during the fiscal year.
These shares were acquired at an average price of $497.38 per share for a total purchase price of $10.5 million.
−Removed: Subsidiary Guarantors and Issuers of Guaranteed Securities and Affiliates Whose Securities Collateralize Securities of the Registrant (Incorporated by reference to Exhibit 22 to Cintas' Annual Report on Form 10-K for the year ended May 31, 2022)
−Removed: Certification of Principal Executive Officer required by Rule 13a-14(a)
−Removed: Certification of Principal Financial Officer required by Rule 13a-14(a)
−Removed: Section 1350 Certification of Chief Executive Officer
−Removed: Section 1350 Certification of Chief Financial Officer
−Removed: 101 The following financial statements from Cintas' Quarterly Report on Form 10-Q for the period ended February 28, 2023, formatted in Inline XBRL:
−Removed: (i) Consolidated Condensed Statements of Income (unaudited), (ii) Consolidated Condensed Statements of Comprehensive Income (unaudited), (iii) Consolidated Condensed Balance Sheets (unaudited), (iv) Consolidated Condensed Statements of Shareholders' Equity (unaudited), (v) Consolidated Condensed Statements of Cash Flows (unaudited) and (vi) Notes to Consolidated Condensed Financial Statements, tagged as blocks of text and including detailed tags
−Removed: 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: CINTAS CORPORATION
−Removed: April 6, 2023 /s/ J.
−Removed: Michael Hansen
−Removed: Michael Hansen
−Removed: Executive Vice President and Chief Financial Officer
−Removed: (Principal Financial and Accounting Officer)
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.