1 unchanged sentence
Our board of directors has authorized the repurchase of Company stock.
−Removed: With respect to the first quarter of fiscal 2025, pursuant to the existing board authorization, we adopted a plan to repurchase company stock pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934.
−Removed: The plan was effective April 29, 2024.
−Removed: Under this plan, our broker had the authority to repurchase Company shares on our behalf, subject to SEC regulations and the price, market volume and timing constraints specified in the plan.
−Removed: The plan expired at the close of business on May 31, 2024.
−Removed: We spent $33.7 million in the first quarter of fiscal 2025 to repurchase 0.9 million shares, pursuant to the plan and as discretionary purchases.
−Removed: As of July 27, 2024, 4.7 million shares remained available for repurchase pursuant to the board authorization.
+Added: Repurchases under these programs will be made at management's discretion from time to time on the open market or in privately negotiated transactions and through Rule 10b5-1.
+Added: We spent $19.5 million in the second quarter of fiscal 2025 to repurchase 0.5 million shares, pursuant to a Rule 10b5-1 plan and as discretionary purchases.
+Added: As of October 26, 2024, 4.3 million shares remained available for repurchase pursuant to the board authorization.
With the operating cash flows we anticipate generating in fiscal 2025, we expect to continue repurchasing Company stock, subject to market conditions and other factors as deemed relevant by our board of directors.
−Removed: The following table summarizes our repurchases of Company stock during the quarter ended July 27, 2024 and includes shares purchased from employees to satisfy their withholding tax obligations upon vesting of restricted shares:
+Added: The following table summarizes our repurchases of Company stock during the quarter ended October 26, 2024 and includes shares purchased from employees to satisfy their withholding tax obligations upon vesting of restricted shares:
(Unaudited, amounts in thousands, except per share data) Total number of
shares repurchased (1) Average price paid per share Total number of shares repurchased as part of publicly announced plan (2) Maximum number of shares that may yet be repurchased under the plan
−Removed: Fiscal May (April 28 – June 1, 2024) 491 $ 35.06 491 5,174
−Removed: Fiscal June (June 2 – June 29, 2024) 327 $ 37.49 253 4,921
−Removed: Fiscal July (June 30 – July 27, 2024) 189 $ 36.87 189 4,732
−Removed: Total (Fiscal First Quarter of 2025)
+Added: Fiscal August (July 28 – August 31, 2024) 454 $ 41.64 454 4,278
+Added: Fiscal September (September 1 – September 28, 2024) 13 $ 43.77 13 4,265
+Added: Fiscal October (September 29 – October 26, 2024) — $ 40.37 — 4,265
+Added: Total (Fiscal Second Quarter of 2025)
467 467 4,265
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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.