1 unchanged sentence
On February 17, 2022, the Company’s Board of Directors approved a share repurchase program authorizing the Company to repurchase up to 20 million shares of the Company’s outstanding common stock from time to time on the open market or in privately negotiated transactions.
−Removed: 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, with 14.2 million shares remaining authorized under the share repurchase program as of September 27, 2024.
+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.
+Added: As of March 28, 2025, there were 5.5 million shares remaining authorized under the share repurchase program.
There is no expiration date for the repurchase program, and the timing and amount of repurchases under the program are determined by the Company’s management based on market conditions and other factors.
The repurchase program may be suspended or discontinued at any time by the Board of Directors.
−Removed: During the fiscal quarter ended September 27, 2024, the Company purchased 3.8 million shares of its common stock at an average share price of $70.87.
−Removed: The following table provides details about our share repurchases during the fiscal quarter ended September 27, 2024.
+Added: During the fiscal quarter ended March 28, 2025, the Company purchased 2.5 million shares of its common stock at an average share price of $81.01.
+Added: The following table provides details about our share repurchases during the fiscal quarter ended March 28, 2025.
Period Total number
10 unchanged sentences
plans or programs
−Removed: June 29 - July 28
+Added: January 1 - January 31
— $ — N/A N/A
−Removed: July 29 - August 28
−Removed: 2,100,000 70.08 2,100,000 15,900,000
−Removed: August 28 - September 27
+Added: February 1 - February 28
2,500,000 81.01 2,500,000 5,490,143
+Added: March 1 - March 28
Total 2,500,000 $ 81.83 2,500,000 5,490,143
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.