1 unchanged sentence
Issuer Purchase of Equity Securities:
+Added: The following table summarizes repurchases of our common stock occurring in the first quarter 2024.
Period Total Number of Shares Purchased Average Price Paid Per Share 1
1 unchanged sentence
(in thousands)
−Removed: July 1 through July 31, 2023 — $ — — $ 300,000
−Removed: August 1 through August 31, 2023 1,125,564 $ 44.42 1,125,564 $ 250,000
−Removed: September 1 through September 30, 2023 558,958 $ 44.71 558,958 $ 225,000
+Added: January 1 through January 31, 2024 – $ – – $ 450,000
+Added: February 1 through February 29, 2024 1,273,245 $ 39.25 1,273,245 $ 400,000
+Added: March 1 through March 31, 2024 – $ — – $ 400,000
1 Amounts exclude 1% excise tax and fees on share repurchases.
−Removed: 2 In August 2022, the Company’s Board of Directors authorized a share repurchase program of up to $300 million of the Company’s Common Stock.
+Added: 2 In August 2022, the Board authorized an initial share repurchase program of up to $300 million of the Company’s common stock.
+Added: On October 30, 2023, the Board authorized an increase to the share repurchase program by an additional $300 million, bringing the total amount allowed to be repurchased under the program to $600 million.
Pursuant to the share repurchase program, the Company may repurchase shares through open market purchases, privately negotiated transactions and other means in accordance with federal securities laws.
This repurchase program has no time limit and may be suspended or discontinued completely at any time without prior notice as determined by the Company at its discretion.
−Removed: Maximum approximate values reported represent amounts at end of the month.
−Removed: During the nine months ended September 30, 2023, the Company repurchased 1,684,522 shares of its Common Stock under the share repurchase program in open-market transactions for $75.0 million, excluding taxes and fees.
−Removed: 3 Subsequent to the third quarter of 2023, the Company’s Board of Directors authorized an increase to the share repurchase program by an additional $300 million, bringing the total amount allowed to be repurchased under the program to $600 million, and has $525 million remaining available to repurchase.
+Added: 3 Maximum approximate dollar values reported represent amounts at end of the month.
+Added: Since the inception of the share repurchase program, the Company has repurchased 4,684,403 shares of its common stock in open-market transactions for $199.9 million, excluding taxes and fees.
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.