17 unchanged sentences
Quarter ended September 24, 2023 1,266 $ 659.88 1,257 2,707,343
−Removed: September 25, 2023 - October 22, 2023 304 $ 634.13 302 2,515,931
−Removed: October 23, 2023 - November 19, 2023 403 $ 630.38 400 2,263,857
−Removed: November 20, 2023 - December 24, 2023 269 $ 734.44 268 2,067,076
Quarter ended December 24, 2023 976 $ 660.25 970 2,067,076
−Removed: (1) During the three and six months ended December 24, 2023, we acquired 6 thousand shares at a total cost of $4.5 million, and 15 thousand shares at a total cost of $10.0 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.
+Added: December 25, 2023 - January 21, 2024 156 $ 757.33 156 1,949,025
+Added: January 22, 2024 - February 18, 2024 674 $ 843.30 672 1,206,992
+Added: February 19, 2024 - March 31, 2024 121 $ 980.72 — 1,206,992
+Added: Quarter ended March 31, 2024 951 $ 853.12 (4) 828 $ 1,206,992
+Added: (1) During the three and nine months ended March 31, 2024, we acquired 123 thousand shares at a total cost of $120.1 million, and 138 thousand shares at a total cost of $130.0 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.
+Added: (2) Average price paid per share excludes the effect of accelerated share repurchase activities.
+Added: See additional disclosure below regarding our accelerated share repurchase activity during the nine months ended March 31, 2024.
+Added: Lam Research Corporation 2024 Q3 10-Q 38
(3) Our net share repurchases are subject to a 1% excise tax under the Inflation Reduction Act.
Excise tax incurred reduces the amount available under repurchase programs, as applicable, and is included in the cost of shares repurchased in the Condensed Consolidated Statement of Stockholders’ Equity and the calculation of the average price paid per share.
−Removed: (3) Average price paid per share presented is for the quarter ended December 24, 2023.
−Removed: Lam Research Corporation 2024 Q2 10-Q 37
+Added: (4) Average price paid per share presented is for the quarter ended March 31, 2024.
+Added: Accelerated Share Repurchase Agreements
+Added: On February 1, 2024, we entered into accelerated share repurchase agreements (the "February 2024 ASRs") with two financial institutions to repurchase a total of $700 million of Common Stock.
+Added: We took an initial delivery of approximately 631 thousand shares, which represented 75% of the prepayment amount divided by our closing stock price on February 1, 2024.
+Added: The total number of shares received under the February 2024 ASRs is 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 February 2024 ASRs occurred during April 2024, resulting in the receipt of approximately 140 thousand shares, which yielded a weighted-average share price of $917.38 (net of applicable excise taxes) 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.