UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Total shares of Lamb Weston common stock purchased by the Company during the thirteen weeks ended February 25, 2024 were as follows:
+Added: Total shares of Lamb Weston common stock purchased by the Company during the thirteen weeks ended August 25, 2024 were as follows:
Period Total Number
11 unchanged sentences
(in millions) (b)
−Removed: November 27, 2023 through December 24, 2023 5,106 $ 99.44 — $ 450.0
−Removed: December 25, 2023 through January 21, 2024 2,000 $ 106.14 — $ 450.0
−Removed: January 22, 2024 through February 25, 2024 2,814 $ 104.01 — $ 450.0
+Added: May 27, 2024 through June 23, 2024 — $ — — $ 390
+Added: June 24, 2024 through July 21, 2024 1,921 $ 84.70 — $ 390
+Added: July 22, 2024 through August 25, 2024 1,589,872 $ 57.87 1,412,852 $ 308
+Added: Total 1,591,793
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−Removed: (a) Represents shares withheld from employees to cover income and payroll taxes on equity awards that vested during the period.
+Added: (a) Represents repurchased shares of our common stock under our publicly announced share repurchase program, which were repurchased at an average price of $58.04 per share, and 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.
−Removed: As of February 25, 2024, 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 an aggregate of $500.0 million of our common stock, including $123.9 million of previously authorized but unused capacity under the program.
+Added: As of August 25, 2024, approximately $308 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.