4 unchanged sentences
A substantially greater number of holders of our common stock are “street name” or beneficial holders, whose shares are held by banks, brokers and other financial institutions.
+Added: Table o f Contents
We have never declared or paid cash dividends on our capital stock.
6 unchanged sentences
The following graph compares the cumulative five-year total return for our common stock, the Standard & Poor’s 500 Stock Index (the “S&P 500 Index”) and the NASDAQ Computer Index.
−Removed: Such returns are based on historical results and are not
−Removed: intended to suggest future performance.
+Added: Such returns are based on historical results and are not intended to suggest future performance.
Data for the S&P 500 Index and the NASDAQ Computer Index assume reinvestment of dividends.
9 unchanged sentences
Stockholder returns over the indicated period should not be considered indicative of future stockholder returns.
+Added: Table o f Contents
Sales of Unregistered Securities
2 unchanged sentences
In January 2016, our board of directors approved our Share Repurchase Program (the “Repurchase Program”), which authorized the repurchase of up to $200.0 million of our outstanding common stock through December 31, 2017.
−Removed: From 2016 through 2020, our board of directors approved increases to our Repurchase Program by various amounts, bringing the aggregated amount authorized to $3.0 billion.
−Removed: In October 2021, our board of directors approved a $1.25 billion increase and extended the term to February 28, 2023, bringing the aggregate amount authorized to be repurchased to $4.25 billion.
+Added: From 2016 through 2021, our board of directors approved increases to our Repurchase Program by various amounts and extended the term to February 28, 2023, bringing the aggregated amount authorized to $4.25 billion.
+Added: In July 2022, our board of directors approved a $1.0 billion increase, bringing the aggregate amount authorized to be repurchased to $5.25 billion.
+Added: In February 2023, our board of directors approved an extension of the Repurchase Program to February 29, 2024.
Under the Repurchase Program, share repurchases may be made by us from time to time in privately negotiated transactions or in open market transactions.
1 unchanged sentence
Since its inception, we have repurchased 211.4 million shares of our common stock under the Repurchase Program for an aggregate purchase price of $4.72 billion.
−Removed: The following table provides information with respect to the shares of common stock we repurchased during the three months ended December 31, 2021 (in millions, except per share amounts):
−Removed: Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
−Removed: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: October 1 - October 31, 2021 0.2 $ 291.82 0.2 $ 2,005.4
−Removed: November 1 - November 30, 2021 0.1 325.05 0.1 1,963.7
−Removed: December 1 - December 31, 2021 1.5 308.77 1.5 1,520.9
−Removed: Total 1.8 1.8
+Added: There were no repurchases of common stock during the three months ended December 31, 2022.
+Added: As of December 31, 2022, $529.6 million remained available for future share repurchases under the Repurchase Program.
+Added: Table o f Contents
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.