UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The following table summarizes common shares repurchased by the Company during the three months ended July 31, 2025:
+Added: The following table summarizes common shares repurchased by the Company during the three months ended January 31, 2026:
(In whole shares) Total Number
10 unchanged sentences
or Programs (2)
−Removed: May 1, 2025 to May 31, 2025 79,778 $ 194.13 79,663 $ 367,085
−Removed: June 1, 2025 to June 30, 2025 116,187 $ 215.52 115,956 $ 342,094
−Removed: July 1, 2025 to July 31, 2025 140,403 $ 219.04 140,160 $ 311,394
+Added: November 1, 2025 to November 30, 2025 115,699 $ 232.49 115,653 $ 697,345
+Added: December 1, 2025 to December 31, 2025 147,020 $ 238.61 138,204 $ 664,348
+Added: January 1, 2026 to January 31, 2026 87,883 $ 258.95 87,089 $ 641,802
Total 350,602 $ 241.69 340,946 $ 641,802
(1) Includes shares tendered for taxes related to stock option exercises and vesting of restricted stock.
−Removed: (2) In December 2014, the board of directors authorized a $300,000 common share repurchase program.
−Removed: In August 2015, the board of directors authorized the repurchase of up to an additional $200,000 of the Company’s common shares.
−Removed: In August 2018, the board of directors authorized the repurchase of an additional $500,000 of the Company’s common shares.
−Removed: In September 2022, the board of directors authorized the repurchase of up to an additional $500,000 of the Company's common shares.
−Removed: Approximately $311,394 of the total $1,500,000 authorized remained available for share repurchases at July 31, 2025.
−Removed: In August 2025, the board of directors authorized the repurchase of an additional $500,000 of the Company’s common shares.
+Added: (2) On August 20, 2025, the Company announced that its board of directors authorized the repurchase of up to an additional $500,000 of the Company's common shares.
+Added: As of January 31, 2026, approximately $641,802 remained available for share repurchases under existing share repurchase authorizations.
Uses for repurchased shares include the funding of benefit programs including stock options and restricted stock.
4 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.