1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The Company’s purchases of its common stock during the second quarter of 2023 were as follows:
+Added: The Company’s purchases of its common stock during the third quarter of 2023 were as follows:
Total Number of
8 unchanged sentences
Plans or Programs (1)
−Removed: Jan 30 to Feb 26
−Removed: Feb 27 to Mar 26
−Removed: Mar 27 to Apr 30
−Removed: (1) The Company had a share repurchase plan that was announced in December 2019 to purchase up to $8,000 million of shares of the Company’s common stock.
−Removed: The share repurchases under the December 2019 plan were completed in April 2023.
+Added: May 1 to May 28
+Added: May 29 to Jun 25
+Added: Jun 26 to Jul 30
(1) The Company has a share repurchase plan that was announced in December 2022 to repurchase up to $18,000 million of shares of the Company’s common stock.
−Removed: The maximum number of shares that may yet be repurchased under this plan was 46.8 million shares based on the end of the second quarter 2023 closing share price of $378.02 per share.
−Removed: At the end of the second quarter of 2023, $17,694 million of common stock remains to be repurchased under this plan.
−Removed: Sales of Unregistered Securities
−Removed: During the second quarter of 2023, the Company issued 3,930 deferred stock units under the Deere & Company Nonemployee Director Stock Ownership Plan (“NEDSOP”) to the Company’s non-employee directors for their service on the Board of Directors of the Company.
−Removed: The deferred stock units convert to shares of common stock on a one-for-one basis following a termination of service as described in the plan.
−Removed: Deferred stock units issued under the NEDSOP are exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 of the SEC’s Regulation D thereunder.
+Added: The maximum number of shares that may yet be repurchased under this plan was 36.4 million shares based on the end of the third quarter 2023 closing share price of $427.11 per share.
+Added: At the end of the third quarter of 2023, $15,556 million of common stock remains to be repurchased under this plan.
Defaults Upon Senior Securities
2 unchanged sentences
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.