2 unchanged sentences
(c) Stock Repurchases
−Removed: Information related to the repurchases of our common stock by month in the third quarter of fiscal year 2022 is as follows (in thousands, except per share and share data):
+Added: Information related to the repurchases of our common stock by month in the first quarter of fiscal year 2023 is as follows (in thousands, except per share and share data):
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (1)
−Removed: June 2022 100 $ 44.99 100 $ 103,523
−Removed: July 2022 541,888 44.36 541,888 79,476
−Removed: August 2022 — — — 79,476
+Added: December 2022 — $ — — $ 77,959
+Added: January 2023 — — — 227,959
+Added: February 2023 265,840 56.40 265,840 212,959
Total 265,840 $ 56.40 265,840 $ 212,959
−Removed: (1) In January 2020, our Board of Directors increased the total share repurchase authorization from $75.0 million to $250.0 million.
−Removed: As of August 31, 2022, there was $79.5 million remaining under this authorization.
+Added: (1) On January 10, 2023, our Board of Directors increased the share repurchase authorization by 150.0 million, to an aggregate authorization of $228.0 million.
+Added: As of February 28, 2023, there was $213.0 million remaining under this authorization.
The following exhibits are filed or furnished as part of this Quarterly Report on Form 10-Q:
+Added: 10.1*† 2023 Fiscal Year Compensation Plan for Non-Employee Directors
31.1* Certification of the Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act – Yogesh K.
1 unchanged sentence
32.1** Certification Pursuant to Section 906 of the Sarbanes-Oxley Act
−Removed: 101* The following materials from Progress Software Corporation’s Quarterly Report on Form 10-Q for the three and nine months ended August 31, 2022, formatted in iXBRL (Inline eXtensible Business Reporting Language):
−Removed: (i) Condensed Consolidated Balance Sheets as of August 31, 2022 and November 30, 2021;
−Removed: (ii) Condensed Consolidated Statements of Income for the three and nine months ended August 31, 2022 and 2021;
−Removed: (iii) Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended August 31, 2022 and 2021;
−Removed: (iv) Condensed Consolidated Statements of Stockholders' Equity for the three and nine months ended August 31, 2022 and 2021;
−Removed: (v) Condensed Consolidated Statements of Cash Flows for the nine months ended August 31, 2022 and 2021;
+Added: 101* The following materials from Progress Software Corporation’s Quarterly Report on Form 10-Q for the three months ended February 28, 2023, formatted in iXBRL (Inline eXtensible Business Reporting Language):
+Added: (i) Condensed Consolidated Balance Sheets as of February 28, 2023 and November 30, 2022;
+Added: (ii) Condensed Consolidated Statements of Income for the three months ended February 28, 2023 and 2022;
+Added: (iii) Condensed Consolidated Statements of Comprehensive Income for the three months ended February 28, 2023 and 2022;
+Added: (iv) Condensed Consolidated Statements of Stockholders' Equity for the three months ended February 28, 2023 and 2022;
+Added: (v) Condensed Consolidated Statements of Cash Flows for the three months ended February 28, 2023 and 2022;
and (vi) Notes to Condensed Consolidated Financial Statements.
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** Furnished herewith
+Added: † Indicates management compensatory plan, contract or arrangement
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.
PROGRESS SOFTWARE CORPORATION
−Removed: October 6, 2022 /s/ YOGESH K.
+Added: April 7, 2023 /s/ YOGESH K.
President and Chief Executive Officer
(Principal Executive Officer)
−Removed: October 6, 2022 /s/ ANTHONY FOLGER
+Added: April 7, 2023 /s/ ANTHONY FOLGER
Anthony Folger
1 unchanged sentence
(Principal Financial Officer)
−Removed: October 6, 2022 /s/ DOMENIC LOCOCO
+Added: April 7, 2023 /s/ DOMENIC LOCOCO
Domenic LoCoco
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.