11 unchanged sentences
Plans or Programs
−Removed: January 206,449 $ 242.29 630,510 24,369,490
−Removed: February 13,195 256.82 643,705 24,356,295
−Removed: March 2,243 276.25 645,948 24,354,052
+Added: April 9,183 $ 267.93 655,131 24,344,869
+Added: May – prior authorization
+Added: 6,000 282.61 661,131 —
+Added: May – current authorization
+Added: 15,795 280.87 15,795 24,984,205
+Added: June 14,367 272.33 30,162 24,969,838
Total 45,345 $ 275.78
1 unchanged sentence
In May 2025, the Board of Directors approved an authorization for the company to repurchase up to 25 million of its common shares.
−Removed: This authorization does not have an expiration date.
+Added: This authorization, which does not have an expiration date, terminated the 24,338,869 shares that remained under the Board’s May 2024 authorization to repurchase 25 million shares.
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 first quarter 2025, all repurchases were accomplished in conjunction with our equity incentive awards at the then-current market prices;
−Removed: there were no open market purchases during the quarter.
+Added: During the second quarter 2025, all repurchases were accomplished in conjunction with our equity incentive awards or through the open market at the then-current market prices.
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.