Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Our share repurchase activity for each of the three months in the quarter ended June 30, 2021 was as follows:
+Added: Our share repurchase activity for each of the three months in the quarter ended September 30, 2021 was as follows:
Period Total Number
8 unchanged sentences
Under the Plans or
−Removed: April 1, 2021 –
−Removed: April 30, 2021 (1) — $ — — $ —
−Removed: May 1, 2021 –
−Removed: May 31, 2021 (1) — $ — — $ —
−Removed: June 1, 2021 –
−Removed: June 30, 2021 (1) — $ — — $ —
+Added: July 1, 2021 –
+Added: July 31, 2021 (1) 428,982 $ 98.84 428,982 $ 6,957,597,899
+Added: August 1, 2021 –
+Added: August 31, 2021 (1) 438,077 $ 99.58 867,059 $ 6,913,974,249
+Added: September 1, 2021 –
+Added: September 30, 2021 (1) 82,800 $ 96.63 949,859 $ 6,905,973,359
Pursuant to Publicly
1 unchanged sentence
or Programs 949,859 $ 98.99
−Removed: April 1, 2021 –
−Removed: April 30, 2021 (2) 6,144 $ 88.88
−Removed: May 1, 2021 –
−Removed: May 31, 2021 (2) 814 $ 94.97
−Removed: June 1, 2021 –
−Removed: June 30, 2021 (2) 3,838 $ 97.06
−Removed: For the Quarter Ended June 30, 2021 10,796 $ 92.24
−Removed: (1) During this reporting period, we did not repurchase any shares under a share repurchase program.
−Removed: On June 11, 2021, our Board of Directors authorized a new share repurchase program of up to $7 billion, with target spending of $5 billion to $7 billion over a three-year period that will commence in the third quarter of 2021.
+Added: July 1, 2021 –
+Added: July 31, 2021 (2) 5,868 $ 99.02
+Added: August 1, 2021 –
+Added: August 31, 2021 (2) 9,242 $ 100.28
+Added: September 1, 2021 –
+Added: September 30, 2021 (2) 18,844 $ 103.10
+Added: For the Quarter Ended September 30, 2021 983,813 $ 99.08
+Added: (1) On June 11, 2021, our Board of Directors authorized a new share repurchase program of up to $7 billion, with target spending of $5 billion to $7 billion over a three-year period that commenced in July 2021.
+Added: These share repurchases have been made pursuant to the $7 billion program.
(2) Shares repurchased represent shares tendered to us by employees who vested in restricted and performance share unit awards and used shares to pay all, or a portion of, the related taxes.
−Removed: 2.1 Share Sale and Purchase Agreement by and among Claudio Topco B.V., Bagger-Sorenson & Co.
−Removed: A/S and PMI Global Services, Inc., dated June 30, 2021 (incorporated by reference to Exhibit 2.1 the Current Report on Form 8-K filed July 7, 2021).
−Removed: 10.1 Supplemental letter to the Employment Agreement with André Calantzopoulos, effective May 5, 2021.
−Removed: 10.2 Supplemental letter to the Employment Agreement with Jacek Olczak, effective May 5, 2021.
+Added: 10.1 Separation Agreement and Release, dated August 16, 2021, between Martin G.
+Added: King and Philip Morris Services S.A.
+Added: (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed August 20, 2021).
+Added: 10.2 Credit Agreement, dated as of September 29, 2021, among PMI, the lenders named therein, Citibank Europe PLC, UK Branch, as facility agent, and Citibank, N.A., as swingline agent (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed September 30 , 2021).
31.1 Certification of the Registrant's Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
16 unchanged sentences
Chief Financial Officer
−Removed: July 27, 2021
+Added: October 27, 2021
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.