−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Repurchases of Equity Securities
Issuer Purchases of Equity Securities
As announced on May 26, 2022 in a current report on Form 8-K, the Company's Board of Directors approved a $100 million stock repurchase program with the same terms and conditions as the previous plan.
−Removed: The repurchase program is funded using our available cash.
−Removed: The following table sets forth repurchases of our common stock during the third quarter of fiscal year 2023:
−Removed: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of the Publicly Announced Program Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program (in thousands)
−Removed: October 2, 2022 to November 5, 2022
−Removed: — $ — — $ 100,000
−Removed: November 6, 2022 to December 3, 2022
−Removed: 70,467 216.96 70,467 84,712
−Removed: December 4, 2022 to December 31, 2022
−Removed: 81,064 234.16 81,064 65,730
−Removed: 151,531 151,531
+Added: There were no repurchases during the fiscal quarter ended July 1, 2023 and $35.7 million remains available under this program.
+Added: On August 1, 2023, the Company's Board of Directors approved another $100 million stock repurchase program with the same terms and conditions as the previous plans.
+Added: This increases the total amount available for repurchases to $135.7 million.
+Added: The repurchase programs are funded using our available cash.
+Added: Repurchases may be made in the open market or in privately negotiated transactions in compliance with applicable state and federal securities laws and other legal requirements.
+Added: The level of repurchase activity is subject to market conditions and other investment opportunities.
+Added: The repurchase programs do not obligate us to acquire any particular amount of common stock and may be suspended or discontinued at any time.
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.