−Removed: UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS , AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Total shares of Lamb Weston common stock purchased by the Company during the thirteen weeks ended November 26, 2023 were as follows:
−Removed: Approximate Dollar
−Removed: Total Number of
−Removed: Value of Maximum
−Removed: Shares (or Units)
−Removed: Number of Shares that
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
+Added: Total shares of Lamb Weston common stock purchased by the Company during the thirteen weeks ended February 25, 2024 were as follows:
+Added: Period Total Number
of Shares (or
+Added: Purchased (a) Average
+Added: (or Unit) Total Number of
+Added: Shares (or Units)
Purchased as Part of
−Removed: May Yet be Purchased
Publicly Announced
+Added: Plans or Programs (b) Approximate Dollar
+Added: Value of Maximum
+Added: Number of Shares that
+Added: May Yet be Purchased
Under Plans or Programs
−Removed: Purchased (a)
−Removed: Plans or Programs (b)
(in millions) (b)
−Removed: August 28, 2023 through September 24, 2023
−Removed: September 25, 2023 through October 22, 2023
−Removed: October 23, 2023 through November 26, 2023
−Removed: (a) Represents repurchased shares of our common stock under our publicly announced share repurchase program, which were repurchased at a weighted average price of $87.41 per share, and shares withheld from employees to cover income and payroll taxes on equity awards that vested during the period.
+Added: November 27, 2023 through December 24, 2023 5,106 $ 99.44 — $ 450.0
+Added: December 25, 2023 through January 21, 2024 2,000 $ 106.14 — $ 450.0
+Added: January 22, 2024 through February 25, 2024 2,814 $ 104.01 — $ 450.0
+Added: ___________________________________________
+Added: (a) Represents shares withheld from employees to cover income and payroll taxes on equity awards that vested during the period.
(b) On December 20, 2018, we announced that our Board of Directors (the “Board”) had authorized a $250.0 million share repurchase program with no expiration date.
On December 17, 2021, we announced that our Board had authorized the repurchase of an additional $250.0 million of our common stock under this program, bringing the total amount authorized under the program to $500.0 million of our common stock.
−Removed: On October 11, 2023, we announced that our Board had increased our share repurchase authorization under the program to $500.0 million of our common stock, including $123.9 million of remaining unused capacity under the Board’s previous repurchase authorizations.
−Removed: As of November 26, 2023, approximately $450.0 million remained authorized and available for repurchase under this program.
+Added: On October 11, 2023, we announced that our Board had increased our share repurchase authorization under the program to $500.0 million of our common stock.
+Added: As of February 25, 2024, approximately $450.0 million remained authorized and available for repurchase under this program.
Repurchases under our share repurchase program may be made at our discretion from time to time on the open market, subject to applicable laws, including pursuant to a repurchase plan administered in accordance with Rule 10b5-1 under the Exchange Act, or through privately negotiated transactions.
3 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.