20 unchanged sentences
Share Repurchases
−Removed: As announced in May 2021, our Board of Directors has approved a $300.0 million share repurchase program.
+Added: In May 2021, our Board of Directors authorized a $300.0 million share repurchase program.
+Added: In November 2025, our Board of Directors authorized an increase of an additional $300.0 million under the share repurchase program.
Repurchases under this program are expected to be made from cash on hand and/or a drawing from our Global Senior Facility, and may be made from time to time, subject to market conditions and other factors, in the open market, through private transactions, block transactions, or other methods as determined by management and our Board of Directors, and in accordance with market conditions, other corporate considerations, and applicable regulatory requirements.
The program does not obligate us to acquire any particular amount of common stock, and it may be modified or suspended at any time at our discretion.
−Removed: During the year ended December 31, 2022, we repurchased 1,497,184 shares of our common stock for approximately $86.9 million under the share repurchase program.
We did not make any repurchases under the share repurchase program during the years ended December 31, 2023 and 2024.
+Added: During the three months ended December 31, 2025, we repurchased 1,166,635 shares of our common stock for $54.5 million under the share repurchase program.
+Added: During the year ended December 31, 2025, we repurchased 2,117,733 shares of our common stock for $89.5 million under the share repurchase program.
As of December 31, 2025, we had remaining authority to purchase $302.4 million of our common stock.
Our practice is to retire the shares repurchased.
+Added: The following table presents information with respect to purchase of our common stock during the three months ended December 31, 2025:
+Added: Period Total Number of Shares Purchased Average
+Added: Per Share Total Number of
+Added: Shares Purchased
+Added: as Part of Publicly
+Added: Announced Plans
+Added: or Programs (1)
+Added: Approximate Dollar
+Added: Value of Shares That May
+Added: Yet Be Purchased
+Added: Under the Publicly
+Added: Announced Plans
+Added: October 1, 2025 to October 31, 2025
+Added: 558,188 $ 42.28 558,188 $ 33,305,717
+Added: November 1, 2025 to November 30, 2025
+Added: 376,304 $ 49.12 376,304 $ 314,820,895
+Added: December 1, 2025 to December 31, 2025
+Added: 232,143 $ 53.60 232,143 $ 302,378,639
+Added: Total 1,166,635 $ 46.74 1,166,635 $ 302,378,639
+Added: _______________________
+Added: (1) This column discloses the number of shares purchased pursuant to the program during the indicated time periods.
Recent Sales of Unregistered Securities
3 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.