Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Information concerning BancShares’ repurchases of outstanding common stock during the three month period ended June 30, 2020, is included in the following table:
+Added: Information concerning BancShares’ repurchases of outstanding common stock during the three month period ended September 30, 2020, is included in the following table:
Class A common stock Total Number of Class A Shares Repurchased Average Price Paid per Share Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet be Repurchased Under the Plans or Programs
−Removed: Repurchases from April 1, 2020 to April 30, 2020 111,700 $ 333.71 111,700 131,500
−Removed: Repurchases from May 1, 2020 to May 31, 2020 117,000 360.91 117,000 383,000
−Removed: Repurchases from June 1, 2020 to June 30, 2020 117,300 404.70 117,300 265,700
−Removed: Total 346,000 $ 366.98 346,000 265,700
−Removed: The Board authorized the repurchase of up to 500,000 shares of Class A common stock for the period of February 1, 2020 through April 30, 2020, superseding all previous authorities.
−Removed: The authorization was publicly announced on February 7, 2020.
+Added: Repurchases from July 1, 2020 to July 31, 2020 117,700 $ 399.82 117,700 148,000
The Board authorized the repurchase of up to 500,000 shares of Class A common stock for the period May 1, 2020 through July 31, 2020.
The authorization was publicly announced on April 28, 2020.
−Removed: Subsequent to quarter-end and through July 31, 2020, BancShares repurchased an additional 117,700 shares of Class A common stock for $47.1 million at an average cost per share of $399.77.
−Removed: Upon completion of the current authorization on July 31, 2020, share repurchase activity has been suspended and will be reevaluated in subsequent periods.
+Added: Upon expiration of the share repurchase authorization on July 31, 2020, share repurchase activity ended and will be reevaluated in subsequent periods.
+Added: 2.1 Agreement and Plan of Merger, dated as of October 15, 2020, by and among First Citizens BancShares, Inc., First-Citizens Bank & Trust Company, FC Merger Subsidiary IX, Inc., and CIT Group Inc.
+Added: (incorporated by reference to Exhibit 2.1 to the Registrant’s Form 8-K dated October 15, 2020)
+Added: 10.1 V oting Agreement, dated as of October 15, by and among CIT Group Inc., Frank B.
+Added: Holding, Jr., Hope H.
+Added: Bryant, Peter M.
+Added: Bristow, and Claire H.
+Added: Bristow (incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K dated October 15, 2020)
31.1 Certification of Chief Executive Officer (filed herewith)
10 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: August 4, 2020 FIRST CITIZENS BANCSHARES, INC.
+Added: November 3, 2020 FIRST CITIZENS BANCSHARES, INC.
Chief Financial Officer
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.