4 unchanged sentences
Cintas believes that this represents approximately 700,000 beneficial owners.
+Added: On May 2, 2024, the Company announced a 4-for-1 split of its common stock.
+Added: Shareholders of record, as of September 4, 2024, will receive three additional shares for each share held, which will be distributed after market close on September 11, 2024.
+Added: The Company's shares are expected to begin trading on a post-split basis at the market open on September 12, 2024.
Our Board of Directors declared the following dividends during the fiscal years ended May 31:
3 unchanged sentences
Per Share Amount
−Removed: Fiscal Year 2023
July 25, 2023 August 15, 2023 September 15, 2023 $ 1.35 $ 138.2
4 unchanged sentences
Total $ 5.40 $ 550.9
−Removed: Fiscal Year 2022
July 26, 2022 August 15, 2022 September 15, 2022 $ 1.15 $ 117.3
13 unchanged sentences
Furthermore, total return was weighted according to market capitalization of each company.
−Removed: The companies in the peer group are not the same as those considered by the Compensation Committee of the Board of Directors.
+Added: The companies in the peer group are not necessarily the same as those considered by the Compensation Committee of the Board of Directors.
Total Shareholder Returns
16 unchanged sentences
Total 336,986 $ 688.10 282,812 $ 942.9
−Removed: (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 May 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.
−Removed: 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 May 31, 2023.
−Removed: (2) During March 2023, Cintas acquired 23,794 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: (1) On July 27, 2021, we announced that the Board authorized a $1.5 billion share buyback program, which was completed during the fourth quarter of fiscal 2024.
+Added: From the inception of the July 27, 2021 share buyback program through May 2024, Cintas purchased a total of 3.6 million shares of Cintas common stock at an average price of $421.77 per share for a total purchase price of $1.5 billion.
+Added: On July 26, 2022, Cintas announced that the Board authorized a new $1.0 billion share buyback program, which does not have an expiration date.
+Added: From the inception of the July 26, 2022 share buyback program through May 31, 2024, Cintas has purchased a total of less than 0.1 million shares of Cintas common stock at an average price of $673.78 per share for a total purchase price of $57.1 million.
+Added: (2) During March 2024, Cintas acquired 15,215 shares of Cintas common stock in satisfaction of employee-partner 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 $660.27 per share for a total purchase price of $10.0 million.
−Removed: (3) During April 2023, Cintas acquired 12,400 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: (3) During April 2024, Cintas acquired 9,375 shares of Cintas common stock in satisfaction of employee-partner 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 $676.21 per share for a total purchase price of $6.3 million.
−Removed: (4) During May 2023, Cintas acquired 18,173 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: (4) During May 2024, Cintas acquired 29,584 shares of Cintas common stock in satisfaction of employee-partner 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 $688.62 per share for a total purchase price of $20.4 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.