1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The following table provides information on the Company’s share repurchases during the second quarter of fiscal 2023:
+Added: The following table provides information on the Company’s share repurchases during the third quarter of fiscal 2023:
Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
(in millions)($) (1)
−Removed: July 3, 2022 – July 30, 2022
−Removed: July 31, 2022 - August 27, 2022
−Removed: August 28, 2022 – October 1, 2022
+Added: October 2, 2022 – October 29, 2022
+Added: October 30, 2022 – November 26, 2022 211,242 (2)
+Added: November 27, 2022 – December 31, 2022 — — — —
211,242 $225.0
1 unchanged sentence
Under the Company’s share repurchase program, shares may be repurchased in accordance with applicable laws both on the open market, including under trading plans established pursuant to Rule 10b5-1 under the Exchange Act, and in privately negotiated transactions.
−Removed: (2) Following the Company’s announcement of the share repurchase program, in August 2022, the Company entered into an ASR with Citibank to repurchase $75.0 million of the Company’s common stock.
−Removed: Pursuant to the terms of the ASR, in August 2022, the Company paid Citibank $75.0 million in cash and received an initial delivery of 0.8 million shares of the Company's common stock based on a closing market price on the New York Stock Exchange on August 16, 2022 of $76.32.
−Removed: This initial delivery of shares represented approximately 80% of the notional amount of the ASR.
−Removed: The ASR was completed in November 2022 and approximately 0.2 million additional shares were delivered upon settlement.
+Added: (2) In November 2022, the Company completed a $75.0 million repurchase of its common stock pursuant to an ASR entered into with Citibank in August 2022.
+Added: The total number of shares repurchased under the ASR was 1.0 million at an average price per share upon final settlement of $75.20.
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.