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At February 17, 2022, there were 287,277 holders of our common stock, including 103 shareholders of record.
−Removed: The following table provides information regarding our repurchases of our common stock during the fourth quarter of 2020:
−Removed: ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Programs
−Removed: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Programs
−Removed: October 1-31, 2020
−Removed: November 1-30, 2020 (1)
−Removed: December 1-31, 2020
−Removed: (1) The total number of shares purchased includes the final settlement of 172,007 shares of our common stock under our Accelerated Share Repurchase Agreement (the “ASR Agreement”) entered into with a third-party financial institution on May 29, 2020 as part of our 2020 Repurchase Program (as defined below).
−Removed: This delivery of shares and their market price at time of delivery are included in the table above.
−Removed: The final number of shares received was based on the daily volume-weighted average share price during the term of the ASR Agreement, less a negotiated discount.
−Removed: On May 1, 2020, we announced that our Board of Directors had approved a new two-year stock repurchase program authorizing us to repurchase up to an aggregate of $700.0 million of our outstanding common stock (the “2020 Repurchase Program”).
−Removed: The 2020 Repurchase Program became effective upon the termination of our $350.0 million repurchase program on May 29, 2020, as of which date $21.5 million remained authorized under the prior program.
−Removed: Under the 2020 Repurchase Program, we may repurchase shares from time to time in open market purchases or through privately negotiated transactions.
−Removed: Shares of our common stock repurchased under our repurchase programs are canceled at the time of repurchase and are classified as authorized but unissued shares of our common stock.
+Added: We did not repurchase any shares of our common stock during the fourth quarter of 2021.
Performance Graph
−Removed: The following graph compares the total shareholder cumulative returns, assuming the reinvestment of all dividends, of $100 invested on December 31, 2015, in (i) our common stock, (ii) the S&P 500 Total Return Index, and (iii) the Nasdaq Industrial Transportation Index, for the five-year period ended December 31, 2020.
+Added: The following graph compares the total shareholder cumulative returns, assuming the reinvestment of all dividends, of $100 invested on December 31, 2016, in (i) our common stock, (ii) the S&P 500 Total Return Index, (iii) the Dow Jones Transportation Average, and (iv) the Nasdaq Industrial Transportation Index, for the five-year period ended December 31, 2021.
+Added: The Company was added to the Dow Jones Transportation Average in December 2021.
+Added: As a result, our performance graphs going forward will use the Dow Jones Transportation Average rather than the Nasdaq Industrial Transportation Index.
+Added: For comparative purposes, however, we have included the Nasdaq Industrial Transportation Index in the performance graph below.
Cumulative Total Return
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S&P 500 Total Return Index
+Added: Dow Jones Transportation Average
+Added: Former Index:
Nasdaq Industrial Transportation Index
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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.