1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: Purchases of our common stock during the first quarter of 2024 were as follows:
+Added: Purchases of our common stock during the second quarter of 2024 were as follows:
Total Number of
6 unchanged sentences
Purchased under the
−Removed: Purchased (2)
Average Price
Plans or Programs (1)
−Removed: Oct 30 to Nov 26
−Removed: Nov 27 to Dec 24
−Removed: Dec 25 to Jan 28
+Added: Jan 29 to Feb 25
+Added: Feb 26 to Mar 24
+Added: Mar 25 to Apr 28
(1) We have a share repurchase plan that was announced in December 2022 to purchase up to $18.0 billion of shares of our common stock.
−Removed: The maximum number of shares that may yet be purchased under this plan was 29.6 million based on the closing price of our common stock on the New York Stock Exchange as of the end of the first quarter of 2024 of $393.62 per share.
−Removed: At the end of the first quarter of 2024, $11.7 billion of common stock remains to be purchased under this plan.
−Removed: (2) In the first quarter of 2024, 37 thousand shares were acquired from plan participants at a weighted-average market price of $365.60 per share to pay payroll taxes on the vesting of restricted stock awards.
+Added: The maximum number of shares that may yet be purchased under this plan was 26.8 million based on the closing price of our common stock on the New York Stock Exchange as of the end of the second quarter of 2024 of $393.33 per share.
+Added: At the end of the second quarter of 2024, $10.5 billion of common stock remained to be purchased under this plan.
Sales of Unregistered Securities
−Removed: During the first quarter of 2024, we distributed 1,333 deferred stock awards to a participant account under the 2012 Deere & Company Nonemployee Director Stock Ownership Plan.
−Removed: The deferred stock awards converted to shares of common stock on a one-for-one basis.
−Removed: Deferred stock units and shares of common stock issued under the 2012 Deere & Company Nonemployee Director Stock Ownership Plan 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: During the second quarter of 2024, we issued 4,500 deferred stock units under the Deere & Company Nonemployee Director Stock Ownership Plan (“NEDSOP”) to our non-employee directors for their service on our Board of Directors.
+Added: 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.
+Added: Deferred stock units and shares of common stock 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: During the second quarter of 2024, we distributed 4,399 shares of common stock to a participant account under the 2012 and 2022 NEDSOP.
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.