6 unchanged sentences
We have not paid cash dividends to our stockholders since our inception and do not anticipate paying cash dividends in the foreseeable future.
−Removed: On March 13, 2020, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to $500.0 million of the Company’s outstanding common stock (the “March 2020 Repurchase Plan”).
−Removed: During the year ended December 31, 2022, the Company purchased approximately 5.1 million shares of common stock at an average purchase price of $86.89 per share, for a total amount of approximately $441.5 million (excluding broker commissions), which exhausted the availability under the March 2020 Repurchase Plan.
−Removed: On June 14, 2022, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to an additional $500.0 million of the Company’s outstanding common stock (the “June 2022 Repurchase Plan”).
−Removed: During the year ended December 31, 2022, the Company purchased approximately 3.6 million shares of common stock at an average purchase price of $88.73 per share, for a total amount of approximately $317.2 million (excluding broker commissions), under the June 2022 Repurchase Plan.
−Removed: As of March 1, 2023, $182.8 million remained available for repurchase under the June 2022 Repurchase Plan.
+Added: On June 14, 2022, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to $500.0 million of the Company’s outstanding common stock (the “June 2022 Repurchase Plan”).
+Added: During the year ended December 31, 2023, the Company purchased approximately 3.3 million shares of common stock at an average purchase price of $55.52 per share, for a total amount of approximately $182.8 million (excluding broker commissions), which exhausted the availability under the June 2022 Repurchase Plan.
On November 2, 2022, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to an additional $500.0 million of the Company’s outstanding common stock (the “November 2022 Repurchase Plan”).
+Added: During the year ended December 31, 2023, the Company purchased approximately 4.8 million shares of common stock at an average purchase price of $54.31 per share, for a total amount of approximately $260.3 million (excluding broker commissions), under the November 2022 Repurchase Plan.
+Added: As of February 27, 2024, $142.4 million remained available for repurchase under the November 2022 Repurchase Plan.
+Added: On November 7, 2023, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to an additional $500.0 million of the Company’s outstanding common stock (the “November 2023 Repurchase Plan”).
During the year ended December 31, 2023, no shares were repurchased under the November 2023 Repurchase Plan.
−Removed: As of March 1, 2023, $500.0 million remained available for repurchase under the November 2022 Repurchase Plan.
−Removed: The aggregate amount of the Company’s outstanding common stock that remains available for repurchase under all previously authorized repurchase plans is $682.8 million as of March 1, 2023.
+Added: As of February 27, 2024, $500.0 million remained available for repurchase under the November 2023 Repurchase Plan.
+Added: The aggregate amount of the Company’s outstanding common stock that remains available for repurchase under all previously authorized repurchase plans is $642.4 million as of February 27, 2024.
During the year ended December 31, 2023, 3.8 million shares of common stock were purchased from employees in lieu of cash payments for options exercised or withholding taxes due for a total amount of $214.2 million.
22 unchanged sentences
Cumulative total return assumes an initial investment of $100 on December 31, 2018.
−Removed: The Company’s current self-selected peer group is comprised of TCCC, Dr.
−Removed: Pepper Snapple Group, Inc.
−Removed: (through July 9, 2018), Keurig Dr.
−Removed: (after July 10, 2018), Constellation Brands, Inc., Molson Coors Beverage Company and PepsiCo, Inc.
−Removed: The Company’s former self-selected peer group is comprised of TCCC, Dr.
−Removed: Pepper Snapple Group, Inc.
−Removed: (through July 9, 2018), Keurig Dr.
−Removed: (after July 10, 2018), National Beverage Corporation, Jones Soda Company and PepsiCo, Inc.
−Removed: The Company removed National Beverage Corporation and Jones Soda Company from its peer group and added Constellation Brands, Inc.
−Removed: and Molson Coors Beverage Company to its peer group, as such latter companies have higher market capitalizations and because the Company has recently entered the alcohol beverage industry.
+Added: The Company’s self-selected peer group is comprised of TCCC, Keurig Dr.
+Added: Pepper Inc., Constellation Brands, Inc., Molson Coors Beverage Company and PepsiCo, Inc.
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.