13 unchanged sentences
In December 2021, the Board of Directors authorized our second share repurchase program, to repurchase up to $750.0 million of our outstanding common stock over a three-year period.
−Removed: Under this program, we entered into an ASR agreement to repurchase $150.0 million shares of common stock in December 2021.
−Removed: The table below sets forth information regarding repurchases during the three months ended December 31, 2021:
−Removed: Period Total Number of Shares Purchased Weighted-Average Price paid per share Total Number of Shares Purchased as Part of Publicly Announced Programs Approximate Dollar Value of Shares That May Yet Be purchased under the Programs (thousands)
−Removed: October 1, 2021 through October 31, 2021 (1)
−Removed: 273,210 $ 37.75 273,210 $ —
−Removed: November 1, 2021 through November 30, 2021 — $ — — $ —
−Removed: December 1, 2021 through December 31, 2021 — $ — — $ —
−Removed: Total 273,210 273,210
−Removed: Accelerated Share Repurchase (2)
−Removed: 3,462,204 3,462,204 $ 600,000
−Removed: (1) Purchased under the share repurchase program authorized in November 2019, which completed in October 2021.
−Removed: (2) Purchased under the share repurchase program authorized in December 2021 through an ASR agreement to repurchase $150.0 million of common stock.
−Removed: In December 2021 we took initial delivery of 3.5 million shares.
+Added: In August 2022, we entered into an ASR agreement with Bank of America to repurchase $109.8 million of our common stock.
+Added: At inception, pursuant to the agreement, we paid $109.8 million to Bank of America and took an initial delivery of 2.0 million shares.
+Added: In December 2022, we finalized the transaction and received an additional 0.4 million shares.
+Added: We retired the repurchased shares and they resumed the status of authorized and unissued shares.
+Added: Under this program, through December 31, 2022, we repurchased 8.4 million shares of common stock for $350.0 million at an average price of $41.69.
Stock Performance Graph and Cumulative Total Return
9 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.