10 unchanged sentences
During 2024, Mattel repurchased 21.0 million shares of its common stock at a cost of $400.0 million.
−Removed: During 2022, Mattel did not repurchase any shares of its common stock.
+Added: During 2023, Mattel repurchased 10.4 million shares of its common stock at a cost of $203.0 million.
The following table provides certain information with respect to Mattel's purchases of its common stock during the fourth quarter of 2025:
7 unchanged sentences
(b) On February 5, 2024, the Board of Directors authorized a $1.00 billion share repurchase program.
−Removed: As of December 31, 2024, Mattel had a remaining authorization of $600.0 million under the program.
−Removed: Repurchases under the share repurchase program will take place from time to time, depending on market conditions.
+Added: As of December 31, 2025, such authorization was exhausted.
+Added: On February 9, 2026, the Board of Directors authorized a new $1.50 billion share repurchase program.
+Added: As of February 20, 2026, Mattel has repurchased 5.9 million shares of its common stock at a cost of $101.0 million under the new $1.50 billion share repurchase program.
+Added: Repurchases under the program will take place from time to time, depending on market conditions.
Mattel's share repurchase program has no expiration date.
8 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.