16 unchanged sentences
Available balance as of June 27, 2021 $ 4,222,220
−Removed: June 28, 2021 - July 25, 2021 307 $ 622.87 304 4,032,708
−Removed: July 26, 2021 - August 22, 2021 442 $ 604.96 438 3,767,782
−Removed: August 23, 2021 - September 26, 2021 988 $ 594.77 983 3,012,476
Quarter ended September 26, 2021 1,737 $ 608.89 1,725 3,012,479
−Removed: (1) During the three months ended September 26, 2021, we acquired 12 thousand shares at a total cost of $7.1 million, which we withheld through net share settlements to cover minimum tax withholding obligations upon the vesting of restricted stock unit awards granted under our equity compensation plans.
+Added: September 27, 2021 - October 24, 2021 3 $ 565.64 — 3,012,476
+Added: October 25, 2021 - November 21, 2021 356 $ 594.95 353 2,802,483
+Added: November 22, 2021 - December 26, 2021 326 $ 678.34 324 2,582,493
+Added: Quarter ended December 26, 2021 685 $ 634.51 677 $ 2,582,493
+Added: (1) During the three and six months ended December 26, 2021, we acquired 8 thousand shares at a total cost of $4.8 million and 20 thousand shares at a total cost of $11.9 million, respectively, which we withheld through net share settlements to cover minimum tax withholding obligations upon the vesting of restricted stock unit awards granted under our equity compensation plans.
The shares retained by us through these net share settlements are not a part of the Board-authorized repurchase program but instead are authorized under our equity compensation plan.
(2) Average price paid per share excludes the effect of accelerated share repurchase activities.
−Removed: See additional disclosure below regarding our accelerated share repurchase activity during the three months ended September 26, 2021.
+Added: See additional disclosure below regarding our accelerated share repurchase activity during the six months ended December 26, 2021.
Accelerated Share Repurchase Agreements
−Removed: On August 31, 2021, we entered into an accelerated share repurchase agreement (the “September 2021 ASR") with two financial institutions to repurchase a total of $650 million of Common Stock.
+Added: On August 31, 2021, we entered into an accelerated share repurchase agreement (the “August 2021 ASR") with two financial institutions to repurchase a total of $650 million of Common Stock.
We took an initial delivery of approximately 806 thousand shares, which represented 75% of the prepayment amount divided by the Company’s closing stock price on August 31, 2021.
−Removed: The total number of shares received under the September 2021 ASR will be based upon the average daily volume weighted average price of our Common Stock during the repurchase period, less an agreed upon discount.
−Removed: Final settlement of the September 2021 ASR will occur no later than January 6, 2022.
+Added: The total number of shares received under the August 2021 ASR was based upon the average daily volume weighted average price of our Common Stock during the repurchase period, less an agreed upon discount.
+Added: Final settlement of the August 2021 ASR occurred in January 2022, subsequent to our December 26, 2021 fiscal quarter end, resulting in the receipt of approximately 265 thousand additional shares, which yielded a weighted-average share price of $606.71 for the transaction period.
Defaults Upon Senior Securities
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.