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(c) Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Information about the shares of our common stock that we repurchased during the quarter ended March 31, 2022 is set forth below:
+Added: Information about the shares of our common stock that we repurchased during the quarter ended June 30, 2022 is set forth below:
Period Total Number of
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(in millions)
−Removed: January 1-31, 2022 2,881,470 $ 145.75 2,881,470 $ —
−Removed: February 1-28, 2022 1,748,195 140.87 1,557,503 —
−Removed: March 1-31, 2022 81,122 130.71 76,653 —
+Added: April 1-30, 2022 2,891,589 $ 138.37 2,890,757 $ —
+Added: May 1-31, 2022 1,633,236 122.49 1,632,806 —
+Added: June 1-30, 2022 525 117.36 — —
Total 4,525,350 $ 132.64 4,523,563 $ 1,107.0
(1) Our board of directors has authorized us to repurchase shares of our common stock through any combination of Rule 10b5-1 open-market repurchase plans, accelerated share repurchase plans, discretionary open-market purchases or privately negotiated transactions.
−Removed: During the quarter ended March 31, 2022, pursuant to our employee incentive plans, we withheld 195,161 shares, at an average price per share of $137.52, in order to satisfy employees' tax withholding and payment obligations in connection with the vesting of awards of restricted stock.
−Removed: (2) As of March 31, 2022, we had $1,707.0 million of share repurchase authority remaining under our share repurchase program.
+Added: During the quarter ended June 30, 2022, pursuant to our employee incentive plans, we withheld 1,787 shares, at an average price per share of $131.45, in order to satisfy employees' tax withholding and payment obligations in connection with the vesting of awards of restricted stock.
+Added: (2) As of June 30, 2022, we had $1,107.0 million of share repurchase authority remaining under our share repurchase program.
The board authorization does not expire but could be revoked at any time.
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3.2 Articles of Amendment to the Third Amended and Restated Articles of Incorporation of Global Payments Inc., incorporated by reference to Exhibit 3.1 to Global Payments Inc.'s Current Report on Form 8-K filed on May 1, 2020.
−Removed: 3.3 Tenth Amended and Restated Bylaws of Global Payments Inc., incorporated by reference to Exhibit 3.2 to Global Payment Inc.’s Current Report on Form 8-K filed on May 1, 2020.
−Removed: 10.1* Form of Restricted Stock Award pursuant to the 2011 Amended and Restated Incentive Plan for Executive Officers (calendar 202 2 ).
−Removed: 10.2* Form of Performance Unit Award Agreement pursuant to the 2011 Amended and Restated Incentive Plan for Executive Officers (calendar 202 2 ).
−Removed: 10.3* Form of Stock Option Award pursuant to the 2011 Amended and Restated Incentive Plan for Executive Officers (calendar 202 2 ).
−Removed: 10.4* Global Payments Inc.
−Removed: Seventh Amended and Restated Non-Employee Director Compensation Plan, dated March 24, 2022.
+Added: 3.3 Eleventh Amended and Restated Bylaws of Global Payments Inc., incorporated by reference to Exhibit 3.1 to Global Payment Inc.’s Current Report on Form 8-K filed on May 3, 2022.
31.1* Certification of the Principal Executive Officer pursuant to Exchange Act Rule 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 .
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Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101* The following financial information from the Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, formatted in Inline XBRL (eXtensible Business Reporting Language) and filed electronically herewith:
+Added: 101* The following financial information from the Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, formatted in Inline XBRL (eXtensible Business Reporting Language) and filed electronically herewith:
(i) the Unaudited Consolidated Statements of Income;
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Global Payments Inc.
−Removed: May 2, 2022 /s/ Paul M.
+Added: August 1, 2022 /s/ Joshua J.
Senior Executive Vice President and Chief Financial Officer
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.