3 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: On August 21, 2017, we announced that our board of directors had approved a share repurchase program to permit us to repurchase up to $30.0 million worth of our issued and outstanding ordinary shares in the open market in accordance with applicable rules and regulations, at such time and such prices as management may decide.
−Removed: In February 2018 and May 2019, we announced that our board of directors approved increases of $30.0 million and $50.0 million, respectively, to the original share repurchase authorization, bringing the aggregate authorization to $110.0 million.
+Added: On August 18, 2017, we announced that our board of directors had approved a share repurchase program to permit us to repurchase, from time to time, up to $30.0 million worth of our issued and outstanding ordinary shares in the open market in accordance with applicable rules and regulations, including pursuant to a pre-set trading plan adopted in accordance with Rule 10b5-1 under the Exchange Act of 1934.
+Added: In February 2018, May 2019 and August 2020, we announced that our board of directors approved increases of $30.0 million, $50.0 million and $58.5 million, respectively, to the original share repurchase authorization, bringing the aggregate authorization to $168.5 million.
The repurchased shares will be held as treasury stock.
−Removed: During the three months ended March 27, 2020, we repurchased 355,000 shares under the program at an average price per share of $58.37, totaling $20.7 million.
−Removed: As of March 27, 2020, we had a remaining authorization to purchase up to $41.5 million worth of our ordinary shares.
−Removed: The following table summarizes share repurchase activity for the three months ended March 27, 2020:
+Added: During the three months ended September 25, 2020, no shares were repurchased under this program.
+Added: As of September 25, 2020, we had a remaining authorization to purchase up to $100.0 million worth of our ordinary shares.
+Added: The following table summarizes share repurchase activity for the three months ended September 25, 2020:
Total Number of
8 unchanged sentences
Under the Program
−Removed: December 28, 2019 – January 24, 2020
−Removed: January 25, 2020 – February 21, 2020
−Removed: February 22, 2020 – March 27, 2020
+Added: June 27, 2020 – July 24, 2020
+Added: July 25, 2020 – August 21, 2020
+Added: August 22, 2020 – September 25, 2020
ITEMS 3, 4 and 5 are not applicable and have been omitted.
Incorporated by reference herein
−Removed: Amended and restated offer letter, dated February 1, 2020, between Toh-Seng Ng and Fabrinet USA, Inc.
−Removed: February 3, 2020
−Removed: Amended and restated offer letter, dated March 17, 2020, between Csaba Sverha and Fabrinet USA, Inc.
+Added: Description of Fiscal 2021 Executive Incentive Plan
+Added: 8-K, Item 5.02
+Added: August 17, 2020
Certification of Chief Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
9 unchanged sentences
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
−Removed: The certifications attached as Exhibit 32.1 that accompany this Quarterly Report on Form 10-Q,
−Removed: are deemed furnished and not filed with the Securities and Exchange Commission and are not to be incorporated by reference into any filing of Fabrinet under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Quarterly Report on Form 10-Q,
−Removed: irrespective of any general incorporation language contained in such filing.
−Removed: 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: /s/ Csaba Sverha
−Removed: Executive Vice President, Chief Financial Officer
−Removed: (Principal Financial and Accounting Officer)
+Added: Pursuant to the requirements of Section 13 or 15(d) 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, on November 3, 2020.
+Added: /s/ C SABA S VERHA
+Added: Executive Vice President, Chief Financial Officer (Principal Financial and Accounting 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.