2 unchanged sentences
As of February 22, 2024, there were approximately 1700 holders of record of our common stock.
−Removed: We have historically paid a quarterly dividend of $0.07 per share of our common stock.
−Removed: Any future payments of dividends on our common stock will be determined by our Board of Directors and will depend on our business conditions, financial results and other factors our Board deems relevant.
+Added: We have historically paid a quarterly dividend on our common stock.
+Added: In November 2023, our Board of Directors increased the quarterly dividend paid December 29, 2023 to $0.08 per share from $0.07 per share, an increase of 14%.
+Added: Any future declaration and payments of dividends, including any change in the amount of quarterly dividend, on our common stock will be determined by our Board of Directors and will depend on our business conditions, financial results and other factors our Board deems relevant.
Issuer Purchases of Equity Securities
2 unchanged sentences
The repurchase program may be suspended or discontinued at any time by the Board of Directors.
−Removed: During the fiscal year ended December 31, 2022, the Company purchased 7,000,000 shares of its common stock at an average share price of $63.25, including 1,000,000 shares at an average share price of $66.74 during the fourth quarter of 2022, leaving 13 million shares authorized for repurchase under the share repurchase program as of December 31, 2022.
+Added: During the fiscal year ended December 31, 2023, the Company purchased 4 million shares of its common stock at an average share price of $68.20, including 1 million shares at an average share price of $64.99 during the fourth quarter of 2023, leaving 9 million shares authorized for repurchase under the share repurchase program as of December 31, 2023.
+Added: On January 23, 2024, the Company’s Board of Directors increased the number of shares authorized under the share repurchase program by an additional 11 million shares.
The following table provides details about our share repurchases during the fiscal quarter ended December 31, 2023.
11 unchanged sentences
plans or programs
−Removed: Oct 1 - Oct 31 — $ — N/A N/A
+Added: Oct 1 - Oct 31 250,000 $ 65.04 250,000 9,750,000
Nov 1 - Nov 30 750,000 64.97 750,000 9,000,000
1 unchanged sentence
Total 1,000,000 $ 64.99 1,000,000 9,000,000 *
+Added: *Does not reflect the 11 million additional shares the Company’s Board of Directors authorized under the share repurchase program on January 23, 2024.
Recent Issuances of Unregistered Securities
1 unchanged sentence
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.