Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The table below summarizes the repurchases of our common stock in the third quarter of 2023:
+Added: The table below summarizes the repurchases of our common stock in the first quarter of 2024:
Period Total Number
9 unchanged sentences
Under the Plan (2)
−Removed: July 1-31, 2023 — $ — — $ 600,000,000
−Removed: August 1-31, 2023 166,447 $ 360.77 166,299 $ 540,002,039
−Removed: September 1-30, 2023 218,295 $ 351.27 218,295 $ 463,320,854
+Added: January 1-31, 2024 — $ — — $ 344,111,238
+Added: February 1-29, 2024 15,967 $ 390.32 — $ 344,111,238
+Added: March 1-31, 2024 25,358 $ 397.18 25,351 $ 334,042,312
Total 41,325 $ 394.53 25,351
(1) These shares may include shares of our common stock surrendered to us by employees in order to satisfy minimum tax withholding obligations in connection with certain exercises of employee stock options or lapses upon vesting of restrictions on previously restricted share awards, and/or to cover the exercise price of such options granted under our share-based compensation plans.
−Removed: There were 148 shares surrendered for this purpose in the third quarter of 2023.
+Added: There were 15,974 shares surrendered for this purpose in the first quarter of 2024.
(2) In May 2023, our Board authorized an additional $413.6 million under our share repurchase program for the repurchase of shares of our common stock in the open market at prevailing market prices bringing the total authorization available under the program to $600.0 million.
−Removed: As of October 23, 2023, $463.3 million of the authorized amount remained available for use under our current share repurchase program.
+Added: As of April 24, 2024, $283.8 million of the authorized amount remained available for use under our current share repurchase program.
Our Board may declare future dividends at their discretion, after considering various factors, including our earnings, capital requirements, financial position, contractual restrictions and other relevant business considerations.
1 unchanged sentence
We cannot assure shareholders or potential investors that dividends will be declared or paid any time in the future if our Board determines that there is a better use of our funds.
−Removed: Exhibits filed as part of this report are listed below.
−Removed: Incorporated by Reference
−Removed: Description Filed/ Furnished with this
−Removed: Form 10-Q Form File No.
−Removed: Restated Certificate of Incorporation of the Company.
−Removed: 10-Q 000-26640 8/9/2006
−Removed: Amended and Restated Bylaws of the Company.
−Removed: 8-K 000-26640 10/25/2023
−Removed: Form of certificate representing shares of common stock of the Company.
−Removed: 8-K 000-26640 5/19/2006
−Removed: Certification by Chief Financial Officer pursuant to Rule 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification by Chief Executive Officer pursuant to Rule 13a-14(a) and 15d‑14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certification by Chief Executive Officer and Chief Financial Officer furnished pursuant to 18 U.S.C.
−Removed: Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101.INS + Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
−Removed: 101.SCH + Inline XBRL Taxonomy Extension Schema Document X
−Removed: 101.CAL + Inline XBRL Taxonomy Extension Calculation Linkbase Document X
−Removed: 101.DEF + Inline XBRL Taxonomy Extension Definition Linkbase Document X
−Removed: 101.LAB + Inline XBRL Taxonomy Extension Label Linkbase Document X
−Removed: 101.PRE + Inline XBRL Taxonomy Extension Presentation Linkbase Document X
−Removed: 104 + Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) X
−Removed: + Attached as Exhibit 101 to this report are the following items formatted in iXBRL (Inline Extensible Business Reporting Language):
−Removed: Consolidated Statements of Income for the three and nine months ended September 30, 2023 and September 30, 2022;
−Removed: Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2023 and September 30, 2022;
−Removed: Consolidated Balance Sheets at September 30, 2023, December 31, 2022 and September 30, 2022;
−Removed: Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2023 and September 30, 2022;
−Removed: Consolidated Statements of Changes in Stockholders’ Equity for the three and nine months ended September 30, 2023 and September 30, 2022;
−Removed: Notes to Consolidated Financial Statements.
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on October 26, 2023.
−Removed: POOL CORPORATION
−Removed: /s/ Melanie Housey Hart
−Removed: Melanie Housey Hart
−Removed: Vice President and Chief Financial Officer, and duly authorized signatory on behalf of the registrant
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.