8 unchanged sentences
On October 28, 2021, our Board of Directors approved a share repurchase program with an indefinite duration for up to $425.0 million of the Company’s common stock.
−Removed: This share repurchase program operated alongside our previous $75.0 million share repurchase authorization, which began on November 4, 2020 and expired on December 26, 2021.
In fiscal 2023, approximately 2,523,000 shares with an aggregate cost of $209.6 million and an average price of $83.10 per share were repurchased under our share repurchase program.
−Removed: Funding for the share repurchase program was provided through our operating cash flows and our $600.0 million PJI Revolving Facility.
+Added: This includes the repurchase of approximately 2.2 million shares from certain funds affiliated with, or managed by, Starboard Value LP;
+Added: refer to “Note 6.
+Added: Stockholders’ Deficit” of “Notes to Consolidated Financial Statements” for additional details.
+Added: Funding for the share repurchase program was provided through our operating cash flows and cash provided from borrowings under our $600.0 million revolving credit facility (the “PJI Revolving Facility”).
The following table summarizes our repurchase activity by fiscal period during the fourth quarter ended December 31, 2023 (in thousands, except per share amounts):
14 unchanged sentences
Total — $ — — $ 90,160
−Removed: Subsequent to year-end, we acquired an additional 319,307 shares at an aggregate cost of $27.6 million.
+Added: We did not repurchase any shares subsequent to year-end.
Approximately $90.2 million remained available under the Company’s share repurchase program as of February 22, 2024.
22 unchanged sentences
NASDAQ Stocks - Eating and Drinking $133.61 $156.46 $176.01 $156.06 $163.78
−Removed: Intentionally Omitted
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.