5 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: The following table provides information on a monthly basis for the quarter ended December 31, 2022, with respect to the Company’s purchase of equity securities:
+Added: The following table provides information on a monthly basis for the quarter ended June 30, 2023, with respect to the Company’s purchase of equity securities:
Period Total Number
6 unchanged sentences
Under the Plans or Programs
−Removed: October 1, 2022 to October 31, 2022 — $— — $887,691,440
−Removed: November 1, 2022 to November 30, 2022 587,898 $28.90 587,898 $870,701,986
−Removed: December 1, 2022 to December 31, 2022 1,475,747 $26.82 1,475,747 $831,128,011
−Removed: On April 3, 2017, DXC announced the establishment of a share repurchase plan approved by the Board of Directors with an initial authorization of $2.0 billion for future repurchases of outstanding shares of DXC common stock.
−Removed: On November 8, 2018, DXC’s Board of Directors approved an incremental $2.0 billion share repurchase.
−Removed: An expiration date has not been established for this repurchase plan.
−Removed: On February 2, 2022, we announced our intention to repurchase incrementally up to $1.0 billion of our outstanding shares of common stock in the open market.
−Removed: An expiration date has not been established for this repurchase plan.
+Added: April 1, 2023 to April 30, 2023 3,490,427 $25.09 3,490,427 $387,691,464
+Added: May 1, 2023 to May 31, 2023 2,620,194 $24.62 2,620,194 $1,323,191,589
+Added: June 1, 2023 to June 30, 2023 4,865,022 $26.33 4,865,022 $1,195,105,317
+Added: On April 3, 2017, we announced the establishment of a share repurchase plan approved by the Board of Directors with an initial authorization of $2.0 billion for future repurchases of outstanding shares of our common stock.
+Added: On November 8, 2018, our Board of Directors approved an incremental $2.0 billion share repurchase authorization.
+Added: As of March 31, 2023, DXC had approximately $0.5 billion of remaining share repurchases authorized under these approved plans.
+Added: On May 18, 2023, DXC announced that its Board approved an incremental $1.0 billion share repurchase authorization.
Share repurchases may be made from time to time through various means, including in open market purchases, 10b5-1 plans, privately-negotiated transactions, accelerated stock repurchases, block trades and other transactions, in compliance with Rule 10b-18 under the Exchange Act, as well as, to the extent applicable, other federal and state securities laws and other legal requirements.
The timing, volume, and nature of share repurchases pursuant to the share repurchase plan are at the discretion of management and may be suspended or discontinued at any time.
+Added: On August 16, 2022, the U.S.
+Added: government enacted the Inflation Reduction Act (the "IRA") into law.
+Added: The IRA imposes a 1% excise tax on share repurchases completed after December 31, 2022.
+Added: We reflect the excise tax within equity as part of the repurchase of the common stock.
+Added: See Note 15 - "Stockholders’ Equity" to the financial statements in this Quarterly Report on Form 10-Q for more information.
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.