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 December 31, 2022.
−Removed: All shares repurchased during October 2022 were made using a trading plan under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (Exchange Act).
−Removed: All remaining share repurchases during the quarter were made in accordance with the safe harbor provisions of Rule 10b-18 under the Exchange Act.
+Added: The following table sets forth information concerning our common stock repurchases during the three months ended March 31, 2023.
+Added: All share repurchases during the quarter were made in accordance with the safe harbor provisions of Rule 10b-18 under the Exchange Act.
Total Number of Shares Purchased (1)
2 unchanged sentences
(In millions)
−Removed: October 1, 2022 - October 31, 2022 27,391 $ 66.94 27,391 $ 436.5
−Removed: November 1, 2022 - November 30, 2022 — — — 436.5
−Removed: December 1, 2022 - December 31, 2022 1,356,899 85.72 1,356,899 320.2
+Added: January 1, 2023 - January 31, 2023 869,609 $ 96.53 869,609 $ 236.2
+Added: February 1, 2023 - February 28, 2023 2,000,853 96.70 2,000,853 42.7
+Added: March 1, 2023 - March 31, 2023 285,836 90.02 285,836 17.0
Total 3,156,298 $ 96.05 3,156,298 $ 17.0
1 unchanged sentence
(1) Effective April 2022, our Board of Directors authorized the repurchase of $1.0 billion of our common stock.
+Added: During the three months ended March 31, 2023, we repurchased 3.2 million shares at a total cost including commissions and excise taxes of $303.2 million, leaving $17.0 million remaining on the repurchase authorization at March 31, 2023.
+Added: In April 2023, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock, replacing the previous authorization.
The authorization has no expiration date.
−Removed: During the three months ended December 31, 2022, we repurchased 1.4 million shares for $118.1 million, and there was $320.2 million remaining on the repurchase authorization at December 31, 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 Amendment No.
−Removed: 11 to Credit Agreement, dated October 28, 2022 by and among the Company, Mizuho Bank, Ltd., as successor Administrative Agent, and the Lenders named therein (incorporated by reference from Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on November 1, 2022).
−Removed: 10.2 Amendment No.
−Removed: 3 to Credit Agreement, dated October 28, 2022 by and among Forestar Group Inc., JPMorgan Chase Bank, N.A., as Administrative Agent, and the Lenders named therein (incorporated by reference from Exhibit 10.1 to Forestar’s Current Report on Form 8-K filed with the SEC on November 1, 2022).
+Added: 10.1 First Amendment to Fourth Amended and Restated Master Repurchase Agreement, dated February 17, 2023, among DHI Mortgage Company, Ltd., U.S.
+Added: 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 21, 2023).
+Added: 10.2 Master Repurchase Agreement, dated April 4, 2023, between DHI Mortgage Company, Ltd.
+Added: and Royal Bank of Canada (incorporated by reference from Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 10, 2023).
22.1 * List of Guarantor Subsidiaries .
13 unchanged sentences
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: January 25, 2023 By:
+Added: April 24, 2023 By:
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
−Removed: January 25, 2023 By:
+Added: April 24, 2023 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.