1 unchanged sentence
Purchases of Equity Securities by the Company
−Removed: The Company did not purchase any shares of its common stock during the period from July 2, 2023 to September 30, 2023, the Company’s third fiscal quarter.
+Added: The Company did not purchase any shares of its common stock during the period from December 31, 2023 to March 30, 2024, the Company’s first fiscal quarter.
On December 7, 2021, the Landstar System, Inc.
2 unchanged sentences
Board of Directors authorized the Company to purchase up to 1,900,826 additional shares of the Company’s common stock from time to time in the open market and in privately negotiated transactions.
−Removed: As of September 30, 2023, the Company had authorization to purchase in the aggregate up to 2,910,339 shares of its common stock under these programs.
−Removed: No specific expiration date has been assigned to the December 7, 2021 or December 6, 2022 authorizations.
+Added: On December 4, 2023, the Landstar System, Inc.
+Added: Board of Directors authorized the Company to purchase up to 319,332 additional shares of its common stock from time to time in the open market and in privately negotiated transactions under its share purchase program.
+Added: As of March 30, 2024, the Company had authorization to purchase in the aggregate up to 3,000,000 shares of its common stock under these programs.
+Added: No specific expiration date has been assigned to the December 7, 2021, December 6, 2022 or December 4, 2023 authorizations.
Landstar entered into the Second Amended and Restated Credit Agreement, dated July 1, 2022, with a bank syndicate led by JPMorgan Chase Bank, N.A., as administrative agent (the “Credit Agreement”).
5 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.