2 unchanged sentences
Our common stock is listed on the NYSE and NASDAQ under the symbol "FDS".
−Removed: The following table sets forth, for each fiscal period indicated, the high and low sales prices per share of our common stock as reported on the NYSE:
−Removed: First Quarter Second Quarter Third Quarter Fourth Quarter
−Removed: High $ 469.43 $ 488.85 $ 444.57 $ 454.23
−Removed: Low $ 369.12 $ 392.82 $ 356.10 $ 348.71
−Removed: High $ 357.92 $ 357.69 $ 365.77 $ 383.21
−Removed: Low $ 303.11 $ 294.21 $ 302.92 $ 319.65
−Removed: Holders of Record – As of October 10, 2022, we had approximate ly 1,822 ho lders of record of our common stock.
+Added: Holders of Record – As of October 20, 2023, we had approximately 2,093 holders of record of our common stock.
However, because many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
−Removed: The closing price of our common stock on October 10, 2022 was $412.78 per share, as reported on the NYSE.
−Removed: Dividends - During fiscal years 2022 and 2021, our Board of Directors declared the following dividends on our common stock:
−Removed: Year Ended Dividends per
−Removed: Common Stock Record Date Total $ Amount
−Removed: (in thousands)
−Removed: First Quarter $ 0.82 November 30, 2021 $ 30,973 December 16, 2021
−Removed: Second Quarter $ 0.82 February 28, 2022 31,065 March 17, 2022
−Removed: Third Quarter $ 0.89 May 31, 2022 33,795 June 16, 2022
−Removed: Fourth Quarter $ 0.89 August 31, 2022 33,860 September 15, 2022
−Removed: Total Dividends $ 129,693
−Removed: First Quarter $ 0.77 November 30, 2020 $ 29,266 December 17, 2020
−Removed: Second Quarter $ 0.77 February 26, 2021 29,141 March 18, 2021
−Removed: Third Quarter $ 0.82 May 31, 2021 30,972 June 17, 2021
−Removed: Fourth Quarter $ 0.82 August 31, 2021 30,845 September 16, 2021
−Removed: Total Dividends $ 120,224
−Removed: Future dividend payments will depend on our earnings, capital requirements, financial condition and other factors considered relevant by us, and is subject to final determination by our Board of Directors.
+Added: Dividends - We paid four quarterly dividends during fiscal 2023.
+Added: In the third quarter of fiscal 2023, we increased our quarterly cash dividend from $0.89 cents per share to $0.98 cents per share.
+Added: Future dividend payments will depend on our earnings, capital requirements, financial condition and other factors we consider relevant, and is subject to final determination by our Board of Directors.
+Added: Refer to Note 14, Stockholders' Equity , in the Notes to the Consolidated Financial Statements included in Part II, Item 8.
+Added: of this Annual Report on Form 10-K for more information on our dividends.
Recent Sales of Unregistered Securities
2 unchanged sentences
The following table provides a month-to-month summary of the share repurchase activity during the three months ended August 31, 2023:
+Added: (in thousands, except share and per share data)
Period Total number
8 unchanged sentences
August 2023 92,544 $ 429.56 91,450 $ 4,534
−Removed: (1) Relates to shares repurchased to satisfy withholding tax obligations due upon the vesting or exercise of stock-based awards.
−Removed: (2) As of August 31, 2022, a total of $181.3 million remained available for future share repurchases under our existing share repurchase program.
−Removed: Repurchases may be made from time to time in the open market and privately negotiated transactions, subject to market conditions.
−Removed: No minimum number of shares to be repurchased has been fixed.
−Removed: There is no timeframe to complete the share repurchase program and it is expected that share repurchases will be paid using existing and future cash generated by operations.
−Removed: Beginning in the second quarter of fiscal 2022, we suspended our share repurchase program until at least the second half of fiscal 2023, with the exception of potential minor repurchases to offset dilution from grants of equity awards or repurchases to satisfy withholding tax obligations due upon the vesting of stock-based awards.
−Removed: The suspension of our share repurchase program allows us to prioritize the repayment of debt under the 2022 Credit Facilities.
−Removed: Refer to Note 12 , Debt for more information on the 2022 Credit Facilities.
+Added: 267,892 264,400
+Added: (1) Includes 264,400 shares repurchased under the existing stock repurchase program, as well as 3,492 shares repurchased to satisfy withholding tax obligations due upon the vesting of stock-based awards.
+Added: (2) As of August 31, 2023, we had $4.5 million authorized under our share repurchase program for future share repurchases, which was not available for use after August 31, 2023.
+Added: On June 20, 2023, our Board of Directors authorized up to $300 million for share repurchases on or after September 1, 2023.
+Added: Repurchases may be made from time-to-time in the open market and via privately negotiated transactions, subject to market conditions.
+Added: There is no defined number of shares to be repurchased over a specified timeframe through the life of our share repurchase program.
+Added: It is expected that share repurchases will be paid using existing and future cash generated by operations.
+Added: Refer to Part II, Item 7.
+Added: Management's Discussion and Analysis of Financial Condition and Results of Operations, Liquidity and Capital Resources , of this Annual Report on Form 10-K for further discussion on our share repurchase program.
+Added: Trading Arrangements
+Added: On August 11, 2023, we entered into an agreement to adopt a trading arrangement for the repurchase of shares of our common stock in the open market consistent with the provisions of Rule 10b5-1 of the Securities Exchange Act of 1934.
+Added: The arrangement provides for the repurchase of up to $250 million of our common stock during the period from September 1, 2023 through August 31, 2024 pursuant to a written algorithm for determining the amount, price and date for purchase of shares of our common stock.
Securities Authorized for Issuance under Equity Compensation Plans
−Removed: Refer to Item 12.
+Added: Refer to Part III, Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters, of this Annual Report on Form 10-K.
+Added: Ta ble of C onte nts
Stock Performance Graph
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The total cumulative dollar returns shown on the graph represent the value that such investments would have had on August 31, 2023.
−Removed: Stockholder returns over the indicated period are based on historical data and should not be considered indicative of
−Removed: future stockholder returns.
+Added: Stockholder returns over the indicated period are based on historical data and should not be considered indicative of future stockholder returns.
2018 2019 2020 2021 2022 2023
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The information contained in the above graph shall not be deemed to be soliciting material or filed or incorporated by reference in future filings with the SEC, or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, except to the extent that we specifically incorporate it by reference into a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.
+Added: Ta ble of C onte nts
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.