Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: There were no sales of unregistered securities during the first fiscal quarter of 2026.
+Added: On March 20, 2026, as part of the consideration for the PA Consulting Transaction, the Company issued 2,043,537 shares of Company Common Stock to certain PA Shareholders in reliance on the exemption from registration provided by Section 3(a)(10) of the Securities Act, and to others in reliance on the exemption from the registration requirements of the Securities Act by virtue of Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D.
Share Repurchases
On January 30, 2025, the Company's Board of Directors authorized an incremental share repurchase program of up to $1.5 billion of the Company's common stock, to expire on January 30, 2028 (the "2025 Repurchase Authorization").
−Removed: At December 26, 2025, the Company had $966.2 million remaining under the 2025 Repurchase Authorization.
−Removed: An aggregate summary of repurchases of the Company’s common stock made during the first quarter of fiscal 2026 under the 2025 Share Repurchase Authorization follows:
+Added: At March 27, 2026, the Company had $746.4 million remaining under the 2025 Repurchase Authorization.
+Added: An aggregate summary of repurchases of the Company’s common stock made during the second quarter of fiscal 2026 under the 2025 Share Repurchase Authorization follows:
Period Total Number of Shares Purchased Average Price Paid Per Share (1)
1 unchanged sentence
Approximate Dollar Value of Shares that May Yet Be Purchased Under the 2025 Repurchase Authorizations
−Removed: September 27, 2025 - October 24, 2025 227,723 $155.84 227,723 $1,182,796,700
−Removed: October 25, 2025 - November 21, 2025 346,019 $149.10 346,019 $1,131,205,107
−Removed: November 22, 2025 - December 26, 2025 1,200,850 $137.40 1,200,850 $966,203,796
+Added: December 27, 2025 - January 23, 2026 161,721 $138.70 161,721 $943,772,913
+Added: January 24, 2026 - February 20, 2026 976,252 $135.81 976,252 $811,192,340
+Added: February 21, 2026 - March 27, 2026 476,868 $135.78 476,868 $746,440,839
1,614,841 1,614,841
7 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.