Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On February 13, 2024, the Board of Directors authorized a $350 million share repurchase program valid until December 31, 2024, providing for the purchase of shares of Common Stock.
+Added: On February 15, 2024, the Company announced that the Board of Directors had authorized a $350 million share repurchase program valid from February 13, 2024 until December 31, 2024.
The Company may repurchase shares from time to time under the program through various methods, including in open market transactions, block trades, privately negotiated transactions, and otherwise.
1 unchanged sentence
The Company is not obligated to purchase any shares under the repurchase program, and the program may be suspended, modified, or discontinued at any time without prior notice.
−Removed: The following table summarizes our share repurchase activity for the three months ended March 31, 2024 and additional information regarding our share repurchase program:
+Added: The following table summarizes our share repurchase activity for the three months ended June 30, 2024 and additional information regarding our share repurchase program:
Period Total Number of Common Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan or Program
−Removed: January 1, 2024 - January 31, 2024 — $ — — $ —
−Removed: February 1, 2024 - February 29, 2024 251,682 9.53 251,682 347,601,764
−Removed: March 1, 2024 - March 31, 2024 11,688,835 9.11 11,688,835 241,138,639
+Added: April 1, 2024 – April 30, 2024 2,030,494 $ 9.69 2,030,494 $ 221,461,356
+Added: May 1, 2024 – May 31, 2024 2,128,822 9.19 2,128,822 201,895,940
+Added: June 1, 2024 – June 30, 2024 3,007,863 8.74 3,007,863 175,606,950
Total 7,167,179 $ 9.14 7,167,179 $ 175,606,950
(1) Excludes shares withheld to satisfy tax withholding obligations in connection with equity award vestings.
−Removed: Other than the repurchases reflected in the table above, there were no purchases of equity securities by the issuer or affiliated purchasers during the quarter ended March 31, 2024.
+Added: Other than the repurchases reflected in the table above, there were no purchases of equity securities by the issuer or affiliated purchasers during the quarter ended June 30, 2024.
Defaults Upon Senior Securities
3 unchanged sentences
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.