10 unchanged sentences
Plans or Programs
−Removed: July 166,617 $ 111.66 167,786 24,832,214
−Removed: August 221,315 125.89 389,101 24,610,899
−Removed: September 21,080 121.28 410,181 24,589,819
+Added: January 229,106 $ 129.54 800,854 24,199,146
+Added: February 19,038 141.51 819,892 24,180,108
+Added: March 2,135 143.18 822,027 24,177,973
Total 250,279 $ 130.56
2 unchanged sentences
Share repurchases under this authorization may be accomplished through open market purchases, including trading plans entered into with one or more brokerage firms in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, through privately negotiated transactions, pursuant to our equity incentive awards, or otherwise.
−Removed: During the third quarter 2022, all repurchases were accomplished in conjunction with our equity incentive awards or through the open market at the then-current market prices.
−Removed: Progressive’s financial policies state that we will repurchase shares to neutralize dilution from equity-based compensation in the year of issuance and as an option to effectively use under-leveraged capital.
+Added: During the first quarter 2023, all repurchases were accomplished in conjunction with our equity incentive awards at the then-current market prices;
+Added: there were no open market purchases during the quarter.
+Added: Progressive’s financial policies state that we will repurchase shares to neutralize dilution from equity-based compensation in the year of issuance and as an option to effectively use underleveraged capital.
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.