14 unchanged sentences
On May 14, 2021, the Company entered into an ASR agreement with Morgan Stanley to repurchase up to $50.0 million of its outstanding shares of common stock as part of the Company’s share repurchase program.
−Removed: Under the ASR agreement, the Company received initial delivery on May 17, 2021 of approximately 418,279 shares of common stock, representing approximately 80% of the number of shares of common stock initially underlying the ASR agreement based on the closing price of the common stock of $95.63, on May 14, 2021.
+Added: Under the ASR agreement, the Company received initial delivery on May 17, 2021 of approximately 418,279 shares of common stock, representing approximately 80% of the number of shares of common stock initially underlying the ASR agreement based
+Added: on the closing price of the common stock of $95.63, on May 14, 2021.
The total number of shares that the Company will repurchase under the ASR program will be based on the volume-weighted average price of the common stock during the term of the ASR agreement, less a discount, and subject to potential adjustments pursuant to the terms and conditions of the ASR agreement.
−Removed: The final settlement of the share repurchases under the ASR agreement will be completed by September 9, 2021.
−Removed: During the six months ended June 30, 2021, 1,548,686 shares of common stock were repurchased by the Company, which includes the shares delivered as of June 30, 2021 from the ASR agreements on March 10, 2021 and May 17, 2021.
−Removed: At June 30, 2021, there remains $96.6 million available under our share repurchase authorization (which authorization was increased to $1,066.6 million in July 2021) .
−Removed: The following table sets forth our share repurchases of common stock and our share repurchases in lieu of taxes, which are not included in the repurchase plan totals as they were approved in conjunction with the restricted share awards, during each period in the second quarter of fiscal 2021:
+Added: The final settlement of the share repurchases under the ASR agreement was completed on August 13, 2021 with additional delivery of 139,270 shares of common stock.
+Added: The ASR agreement resulted in a total of 557,549 shares repurchased at an average cost of $89.68.
+Added: During the nine months ended September 30, 2021, 3,873,002 shares of common stock were repurchased by the Company, which includes the shares delivered as of September 30, 2021 from the ASR agreements on March 10, 2021 and May 17, 2021.
+Added: At September 30, 2021, there remains $864.1 million available under our share repurchase authorization .
+Added: The following table sets forth our share repurchases of common stock and our share repurchases in lieu of taxes, which are not included in the repurchase plan totals as they were approved in conjunction with the restricted share awards, during each period in the third quarter of fiscal 2021:
Total Number of
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Share Repurchases
−Removed: April 1, 2021 – April 30, 2021
−Removed: May 1, 2021 – May 31, 2021
−Removed: June 1, 2021 – June 30, 2021
+Added: July 1, 2021 – July 31, 2021
+Added: 1,048,500,000
+Added: August 1, 2021 – August 31, 2021
+Added: September 1, 2021 – September 30, 2021
Tax Withholdings
−Removed: April 1, 2021 – April 30, 2021
−Removed: May 1, 2021 – May 31, 2021
−Removed: June 1, 2021 – June 30, 2021
+Added: July 1, 2021 – July 31, 2021
+Added: August 1, 2021 – August 31, 2021
+Added: September 1, 2021 – September 30, 2021
Defaults Upon Senior Securities
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.