6 unchanged sentences
Dividends are usually declared in February, May, July and November and paid at the end of March, June and September and the beginning of January.
−Removed: On February 4, 2021, the Board of Directors declared a quarterly dividend of $1.0225 payable March 31, 2021, to shareholders of record on March 5, 2021.
+Added: On February 2, 2022, the Board of Directors declared a quarterly dividend of $1.075 per share payable March 31, 2022, to shareholders of record on March 4, 2022.
For the remainder of 2022, the record dates for these dividend payments are expected to be June 3, September 2 and December 2, 2022, subject to approval of the Board of Directors.
On February 10, 2022, we announced a 7% increase in our annualized dividend to $4.60 per share from $4.30 per share, effective with the dividend expected to be paid in June 2022.
−Removed: We expect to return a total of approximately $5.9 billion to shareholders in 2021, comprised of dividends of approximately $5.8 billion and share repurchases of approximately $100 million.
−Removed: We have recently completed our share repurchase activity and do not expect to repurchase any additional shares for the balance of 2021.
+Added: Additionally, on February 10, 2022, we announced a share repurchase program providing for the repurchase of up to $10.0 billion of PepsiCo common stock commencing on February 11, 2022 and expiring on February 28, 2026 (2022 share repurchase program).
+Added: Shares repurchased under this program may be repurchased in open market transactions, in privately negotiated transactions, in accelerated stock repurchase transactions or otherwise.
+Added: We expect to return a total of approximately $7.7 billion to shareholders in 2022, comprising dividends of approximately $6.2 billion and share repurchases of approximately $1.5 billion.
For information on securities authorized for issuance under our equity compensation plans, see “Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.”
−Removed: A summary of our common stock repurchases (in millions, except average price per share) during the fourth quarter of 2020 is set forth in the table below.
−Removed: Issuer Purchases of Common Stock
−Removed: Repurchased (a)
−Removed: Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: 9/5/2020 $ 9,525
−Removed: 9/6/2020 - 10/3/2020 1.0 $ 134.59 1.0 (137)
−Removed: 10/4/2020 - 10/31/2020 0.9 $ 138.83 0.9 (125)
−Removed: 11/1/2020 - 11/28/2020 0.9 $ 141.82 0.9 (120)
−Removed: 11/29/2020 - 12/26/2020 0.4 $ 144.83 0.4 (59)
−Removed: Total 3.2 $ 139.04 3.2 $ 9,084
−Removed: (a) All shares were repurchased in open market transactions pursuant to the $15 billion repurchase program authorized by our Board of Directors and publicly announced on February 13, 2018, which commenced on July 1, 2018 and will expire on June 30, 2021.
−Removed: Shares repurchased under this program may be repurchased in open market transactions, in privately negotiated transactions, in accelerated stock repurchase transactions or otherwise.
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.