1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: 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 June 30, 2023.
−Removed: All share repurchases during the quarter were made in accordance with the safe harbor provisions of Rule 10b-18 under the Exchange Act.
+Added: We may repurchase shares of our common stock from time to time pursuant to our $1.5 billion common stock repurchase authorization, which was approved by our Board of Directors effective October 31, 2023, and which replaced our prior $1.0 billion common stock repurchase authorization.
+Added: The authorization has no expiration date.
+Added: During the three months ended December 31, 2023, we repurchased 3.3 million shares of our common stock at a total cost, including commissions and excise taxes, of $398.3 million.
+Added: At December 31, 2023, there was $1.3 billion remaining on the repurchase authorization.
+Added: The following table sets forth additional information concerning our common stock repurchases during the quarter.
Total Number of Shares Purchased
2 unchanged sentences
(In millions)
−Removed: April 1, 2023 - April 30, 2023 381,849 $ 108.50 381,849 $ 958.6
−Removed: May 1, 2023 - May 31, 2023 2,219,772 108.99 2,219,772 716.6
−Removed: June 1, 2023 - June 30, 2023 519,747 114.60 519,747 657.1
+Added: October 2023 1,912,460 $ 105.40 1,912,460 $ 32.4
+Added: November 2023 593,600 125.09 593,600 1,425.8
+Added: December 2023 819,090 149.62 819,090 1,303.3
Total 3,325,150 $ 119.81 3,325,150 $ 1,303.3
−Removed: _________________
−Removed: (1) Effective April 18, 2023, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock, replacing the previous authorization that was effective as of April 19, 2022.
−Removed: The authorization has no expiration date.
−Removed: During the three months ended June 30, 2023, we repurchased 3.1 million shares of our common stock at a total cost, including commissions and excise taxes, of $342.9 million.
−Removed: At June 30, 2023, there was $657.1 million remaining on the repurchase authorization.
+Added: The share repurchases may be effected through Rule 10b5-1 plans or open market purchases, each in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (Exchange Act).
+Added: Shares repurchased in October and December 2023 included 1,912,460 and 632,228 shares, respectively, purchased pursuant to a trading plan under Rule 10b5-1 of the Exchange Act.
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.