3 unchanged sentences
Under the share repurchase program, the Company is authorized to repurchase, from time to time, outstanding shares of common stock in accordance with applicable laws on the open market, including under trading plans established pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and in privately negotiated transactions.
−Removed: In August 2024, 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 2024, 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 28, 2024 of $75.08.
−Removed: This initial delivery of shares represented approximately 80% of the notional amount of the ASR.
−Removed: The ASR was completed in October 2024, subsequent to the end of the second quarter of fiscal 2025, and 0.2 million additional shares were delivered upon settlement.
−Removed: As of September 28, 2024, the total remaining authorization for repurchases of the Company's common stock under the share repurchase program was $150.0 million.
−Removed: The following table provides information on the Company’s share repurchases during the second quarter of fiscal 2025:
+Added: In October 2024, the Company completed a $75.0 million repurchase of its common stock pursuant to an ASR entered into with Citibank in August 2024.
+Added: The total number of shares repurchased under the ASR was 1.0 million at an average price per share upon final settlement of $74.36.
+Added: As of December 28, 2024, the total remaining authorization for repurchases of the Company's common stock under the share repurchase program was $150.0 million.
+Added: The following table provides information on the Company’s share repurchases during the third quarter of fiscal 2025:
Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
(in millions)($) (1)(2)
−Removed: June 30, 2024 – July 27, 2024
−Removed: — — — $ 225.0
−Removed: July 28, 2024 – August 24, 2024
−Removed: August 25, 2024 – September 28, 2024
+Added: September 29, 2024 – October 26, 2024
— — — $ 150.0
+Added: October 27, 2024 – November 23, 2024
209,494 71.60 209,494 150.0
+Added: November 24, 2024 – December 28, 2024
209,494 209,494 $ 150.0
4 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.