5 unchanged sentences
Currently, given the terms of our credit agreement, dated as of May 9, 2019, (as amended from time to time, the “Credit Agreement”), by and among the Company and certain subsidiaries, and the lenders party thereto, as amended by the seventh amendment to the Credit Agreement, dated as of April 18, 2024, the repurchase of any shares would require fulfilling the heightened payment conditions under our Credit Agreement, except that repurchases of shares as described below, pursuant to our practice as a result of our insider trading policy, are expressly permitted.
−Removed: As of May 3, 2025, there was $156.5 million remaining availability under the Share Repurchase Program.
+Added: As of August 2, 2025, there was $156.1 million remaining availability under the Share Repurchase Program.
Pursuant to our practice, including due to restrictions imposed by our insider trading policy during black-out periods, we withhold and repurchase shares of vesting stock awards and make payments to taxing authorities as required by law to satisfy the withholding tax requirements of all equity award recipients.
1 unchanged sentence
We also acquire shares of our common stock in conjunction with liabilities owed under our deferred compensation plan, which are held in treasury.
−Removed: The following table provides a month-by-month summary of our share repurchase activity during the First Quarter 2025:
+Added: The following table provides a month-by-month summary of our share repurchase activity during the Second Quarter 2025:
Period Total Number of
9 unchanged sentences
the Plans or Programs
−Removed: February 2, 2025 through March 1, 2025 — $ — — $ 156,549
−Removed: March 2, 2025 through April 5, 2025 (1)
−Removed: 14,725 5.76 14,725 156,464
−Removed: April 6, 2025 through May 3, 2025 — — — 156,464
+Added: May 4, 2025 through May 31, 2025 56,280 $ 6.00 337,421 $ 156,127
+Added: June 1, 2025 through July 5, 2025 — — — 156,127
+Added: July 6, 2025 through August 2, 2025 — — — 156,127
Total 56,280 $ 6.00 337,421
2 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.