1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The following table presents information relating to purchases of our common stock during the first quarter of 2025.
+Added: The following table presents information relating to purchases of our common stock during the second quarter of 2025.
Period Total Number of Shares
−Removed: Repurchased (1) (2)
−Removed: Average Price
−Removed: Per Share (1) (2)
−Removed: Total Number of
+Added: Repurchased Average Price
+Added: Per Share Total Number of
Shares Purchased as
Part of Publicly
−Removed: Announced Program (1) (2)
−Removed: Dollar Value of
+Added: Announced Program Dollar Value of
Shares that May Yet
Under the Program (1)
−Removed: January 2025 — $ — — $ 59,481,180
−Removed: February 2025 280,182 $ 212.29 280,182 $ 500,000,000
−Removed: March 2025 1,355,967 $ 110.62 1,355,967 $ 350,000,000
+Added: April 2025 — $ — — $ 350,000,000
+Added: May 2025 148,533 $ 119.36 148,533 $ 332,271,646
+Added: June 2025 — $ — — $ 332,271,646
148,533 148,533
_________________________
−Removed: (1) In October 2024, our Board of Directors authorized a share repurchase program to repurchase up to $300.0 million of our common stock (the 2024 Repurchase Program) and we subsequently entered into an accelerated share repurchase transaction with a third-party financial institution to repurchase the entirety of this authorized amount.
−Removed: In November 2024, we paid the financial institution $300.0 million using cash on hand and took initial delivery of 2.0 million shares.
−Removed: The 2024 Repurchase Program was completed in February 2025, at which time we received an additional 0.3 million shares upon settlement.
−Removed: In total, we repurchased 2.3 million shares under the 2024 Repurchase Program at an average price of $131.83 per share, which represents the daily volume-weighted average price of our common stock over the term of the transaction, less a negotiated discount.
−Removed: The average price paid per share for February 2025 was calculated as the implied dollar value of the forward stock purchase contract at inception of the 2024 Repurchase Program, or $59.5 million, divided by the additional shares received upon settlement.
(1) In February 2025, our Board of Directors authorized a share repurchase program (the 2025 Repurchase Program) under which we may repurchase up to $500.0 million of our common stock, subject to market conditions.
2 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.