2 unchanged sentences
(b) Not applicable.
−Removed: (c) The following table sets forth information regarding the Company’s repurchases of its common stock during the three months ended September 30, 2023:
+Added: (c) The following table sets forth information regarding the Company’s repurchases of its common stock during the three months ended March 31, 2024:
Issuer Purchases of Equity Securities
4 unchanged sentences
Program Maximum Number of Shares (or Approximate Dollar Value) That May Yet Be Purchased Under the Plan or Program (3)
−Removed: July 1 to July 31, 2023 377 $ 46.17 — $ —
−Removed: August 1 to August 31, 2023 170 $ 53.47 — $ —
−Removed: September 1 to September 30, 2023 3,428 $ 51.75 — $ —
+Added: January 1 to January 31, 2024 372,900 $ 59.59 372,900 $ 8,820,096
+Added: February 1 to February 29, 2024 171,477 $ 54.88 159,366 $ —
+Added: March 1 to March 31, 2024 2,955 $ 49.44 — $ —
Total 547,332 $ 58.06 532,266
−Removed: (1) These shares were surrendered in connection with the exercise and/or vesting of equity compensation grants to satisfy exercise price and/or related tax withholding obligations.
−Removed: On October 19, 2023, the Company also announced a stock buyback plan which authorizes repurchases by the Company of up to $100 million in common stock.
−Removed: Repurchases under the plan may be made from time to time on the open market and in privately negotiated transactions, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act.
−Removed: The extent to which the Company repurchases shares and the size and timing of these repurchases will depend on a variety of factors, including pricing, market and economic conditions, the Company’s capital position and amount of retained earnings and legal and contractual requirements.
−Removed: The repurchase plan is scheduled to expire October 18, 2024 and may be modified, suspended or discontinued without prior notice at any time.
+Added: (1) Of these shares, 12,111 shares and 2,955 shares were surrendered in February 2024 and March 2024, respectively, in connection with the vesting of equity compensation grants to satisfy related tax withholding obligations.
+Added: (2) During the three months ended March 31, 2024, the average price per share of repurchased shares was $58.22 and the average price per share of surrendered shares related to tax withholding obligations was $52.50.
+Added: (3) On October 19, 2023, the Company announced a stock buyback plan which authorized repurchases by the Company of up to $100 million in common stock.
+Added: Repurchases under the plan were made from time to time on the open market and in privately negotiated transactions, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act.
+Added: The 532,266 shares repurchased under the program during the three months ended March 31, 2024 represented full completion of the program.
Defaults Upon Senior Securities - None.
1 unchanged sentence
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.