1 unchanged sentence
PURCHASES OF EQUITY SECURITIES BY THE ISSUER
−Removed: Repurchases of common stock by the Company during the quarter ended June 30, 2022 are set forth below.
−Removed: During the period from July 1, 2022 to July 27, 2022, the Company repurchased 1.7 million shares for $107.
−Removed: Repurchases of Common Stock by the Issuer for the Three Months Ended June 30, 2022
+Added: Repurchases of common stock by the Company during the quarter ended September 30, 2022 are set forth below.
+Added: During the period from October 1, 2022 to October 26, 2022, the Company repurchased 1.5 million shares for $98.
+Added: Repurchases of Common Stock by the Issuer for the Three Months Ended September 30, 2022
Period Total Number
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(in millions)
−Removed: April 1, 2022 - April 30, 2022 2,221,019 $ 72.41 2,212,000 $ 738
−Removed: May 1, 2022 - May 31, 2022 3,435,763 $ 69.77 3,427,927 $ 498
−Removed: June 1, 2022 - June 30, 2022 718,886 $ 70.83 715,575 $ 448
+Added: July 1, 2022 - July 31, 2022 1,860,590 $ 64.15 1,850,377 $ 329
+Added: August 1, 2022 - August 31, 2022 2,158,032 $ 66.03 2,143,062 $ 3,188
+Added: September 1, 2022 - September 30, 2022 1,361,856 $ 66.07 1,359,117 $ 3,098
5,380,478 $ 65.39 5,352,556
−Removed: [1]Includes 20,166 shares in net settlement of employee tax withholding obligations related to equity awards under the Company's incentive stock plans, which were not part of publicly announced share repurchase authorizations.The Company paid an average price per share of $71.30 in employee tax withholding obligations related to net share settlements in the three months ended June 30, 2022.
+Added: [1]Includes 27,922 shares in net settlement of employee tax withholding obligations related to equity awards under the Company's incentive stock plans, which were not part of publicly announced share repurchase authorizations.
+Added: The Company paid an average price per share of $64.82 in employee tax withholding obligations related to net share settlements in the three months ended September 30, 2022.
[2]On December 17, 2020, the Board of Directors authorized a new equity repurchase plan for $1.5 billion for the period commencing January 1, 2021 through December 31, 2022.
The Board of Directors increased this authorization by $1.0 billion on April 22, 2021 and by $500 on October 28, 2021, bringing the aggregate repurchase authorization to $3.0 billion through December 31, 2022.
−Removed: In addition to the authorization covering the period from January 1, 2021 to December 31, 2022, in July, 2022, the Board of Directors approved a share repurchase authorization for up to $3.0 billion effective from August 1, 2022 to December 31, 2024, which is not reflected in the table above.
+Added: In addition to the authorization covering the period from January 1, 2021 to December 31, 2022, in July, 2022, the Board of Directors approved a share repurchase authorization for up to $3.0 billion effective from August 1, 2022 to December 31, 2024.
The timing of any repurchases is dependent on several factors, including the market price of the Company's securities, the Company's capital position, consideration of the effect of any repurchases on the Company's financial strength or credit ratings, the Company's blackout periods, and other considerations.
1 unchanged sentence
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
−Removed: FOR THE QUARTER ENDED JUNE 30, 2022
+Added: FOR THE QUARTER ENDED SEPTEMBER 30, 2022
EXHIBITS INDEX
20 unchanged sentences
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase.**
−Removed: 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, formatted in Inline XBRL.
−Removed: * Management contract, compensatory plan or arrangement.
+Added: 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, formatted in Inline XBRL.
** Filed with the Securities and Exchange Commission as an exhibit to this report.
1 unchanged sentence
The Hartford Financial Services Group, Inc.
−Removed: July 28, 2022 /s/ Scott R.
+Added: October 27, 2022 /s/ Scott R.
Senior Vice President and Controller
2 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.