Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: There were no sales of unregistered securities during the third fiscal quarter of 2022.
−Removed: On February 4, 2022 the Company issued 6,620 shares of restricted stock in connection with its acquisition of Streetlight to certain stockholders in exchange for certain of their vested stock awards in StreetLight.
−Removed: These shares are subject to certain lockup restrictions agreed to by the Company and the shareholders.
−Removed: For further discussion of the StreetLight acquisition, see Note 16- Other Business Combinations .
−Removed: These shares were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) in reliance upon Section 4(a)(2) of the Securities Act.
−Removed: The recipients of the securities in each of these transactions represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and appropriate legends were placed upon the share certificates issued in these transactions.
+Added: There were no sales of unregistered securities during the first fiscal quarter of 2023.
Share Repurchases
−Removed: On January 16, 2020, the Company's Board of Directors authorized a share repurchase program of up to $1.0 billion of the Company's common stock, to expire on January 15, 2023 (the "2020 Repurchase Authorization").
−Removed: A summary of repurchases of the Company’s common stock made during the third quarter of fiscal 2022 under the share repurchase program is as follows:
+Added: On January 16, 2020, the Company's Board of Directors authorized a share repurchase program of up to $1.0 billion of the Company's common stock, that expired on January 15, 2023 (the "2020 Repurchase Authorization").
+Added: A summary of repurchases of the Company’s common stock made during the first quarter of fiscal 2023 under the 2020 Share Repurchase Authorization follows:
Period Total Number of Shares Purchased Average Price Per Share (1) Total Number of Shares Purchased under the 2020 Repurchase Authorization Approximate Dollar Value of Shares that May Yet Be Purchased Under the 2020 Repurchase Authorization (2)
−Removed: April 4, 2022 - April 29, 2022 479,010 $142.68 479,010 $664,578,582
−Removed: May 2, 2022 - May 27, 2022 980,105 $135.05 980,105 $532,213,425
+Added: October 3, 2022 - October 28, 2022 912,812 $112.10 912,812 $398,661,297
+Added: October 31, 2022 - November 25, 2022 316,876 $117.49 316,876 $361,430,317
+Added: November 28, 2022 - December 30,2022 8,000 $123.36 8,000 $360,443,420
(1) Includes commissions paid and calculated at the average price per share.
+Added: (2) Expired on January 15, 2023 when 2020 Repurchase Authorization expired.
+Added: On January 25, 2023, the Company's Board of Directors authorized an incremental share repurchase program of up to $1.0 billion of the Company's stock, to expire on January 25, 2026 (the "2023 Repurchase Authorization").
+Added: No repurchase activity has taken place under the 2023 Share Repurchase Authorization to date.
Our share repurchase program does not obligate the Company to purchase any shares.
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