2 unchanged sentences
We may repurchase shares of our common stock from time to time pursuant to our common stock repurchase authorization.
−Removed: The following table sets forth information concerning our common stock repurchases during the three months ended March 31, 2022.
+Added: The following table sets forth information concerning our common stock repurchases during the three months ended June 30, 2022.
All share repurchases were made in accordance with the safe harbor provisions of Rule 10b-18 under the Securities Exchange Act of 1934.
3 unchanged sentences
(In millions)
−Removed: January 1, 2022 - January 31, 2022 — $ — — $ 268.0
−Removed: February 1, 2022 - February 28, 2022 3,100,000 85.82 3,100,000 2.0
−Removed: March 1, 2022 - March 31, 2022 — — — 2.0
+Added: April 1, 2022 - April 30, 2022 155,009 $ 69.97 155,009 $ 989.2
+Added: May 1, 2022 - May 31, 2022 1,689,085 67.78 1,689,085 874.7
+Added: June 1, 2022 - June 30, 2022 2,835,079 65.13 2,835,079 690.0
Total 4,679,173 $ 66.25 4,679,173 $ 690.0
_________________
−Removed: (1) Effective April 20, 2021, our Board of Directors authorized the repurchase of $1.0 billion of our common stock.
−Removed: During the three months ended March 31, 2022, we repurchased 3.1 million shares of our common stock for $266.0 million.
−Removed: At March 31, 2022, there was $2.0 million remaining on the repurchase authorization.
−Removed: In April 2022, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock, replacing the prior authorization.
+Added: (1) Effective April 19, 2022, our Board of Directors authorized the repurchase of $1.0 billion of our common stock, replacing the prior authorization that was effective as of April 20, 2021.
The authorization has no expiration date.
+Added: Share repurchases totaling $310.0 million during the three months ended June 30, 2022 were made under the new authorization, leaving $690.0 million remaining on the repurchase authorization at June 30, 2022.
(a) Exhibits.
5 unchanged sentences
3.2 Amended and Restated Bylaws of the Company (incorporated by reference from Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on November 8, 2017).
−Removed: 10.1 Fourth Amended and Restated Master Repurchase Agreement, dated February 1 8 , 202 2 , among DHI Mortgage Company, Ltd., U.S.
−Removed: Bank National Association, as Administrative Agent, Sole Book Runner, Lead Arranger, and a Buyer and all other Buyers (incorporated by reference from Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on February 18 , 202 2 ).
−Removed: 10.2 Credit Agreement, dated March 4, 2022, among DRH Rental, Inc., the lenders party thereto and Mizuho Bank, Ltd., as Administrative Agent (incorporated by reference from Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on March 7, 2022).
−Removed: 10.3 † Executive Compensation Notice and Summary – Chairman, CEO and Co-COOs (incorporated by reference from Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on March 29, 2022).
−Removed: 10.4 † Form of Performance Restricted Stock Unit Agreement – Named Executive Officers (incorporated by reference from Exhibit 10.
−Removed: 2 to the Company’s Current Report on Form 8-K filed with the SEC on March 29, 2022).
22.1 List of Guarantor Subsidiaries (incorporated by reference from Exhibit 22.1 to the Company’s Annual Report on Form 10-K for the year ended September 30, 2021, filed with the SEC on November 18, 2021).
12 unchanged sentences
** Submitted electronically herewith.
−Removed: † Management contract or compensatory plan arrangement.
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: April 27, 2022 By:
+Added: July 22, 2022 By:
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
−Removed: April 27, 2022 By:
+Added: July 22, 2022 By:
Vice President and Controller
1 unchanged sentence
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.