Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Share Issuance Program
−Removed: In February 2021, the Company filed a $150.0 million shelf registration statement and $50.0 million prospectus supplement with the SEC under which it may offer and sell, from time to time, up to $50.0 million worth of its common stock in "at-the-market" offerings.
−Removed: During the nine months ended March 31, 2024, the Company did not issue shares under the prospectus supplement.
−Removed: The Share Issuance Program expired on February 10, 2024.
Share Repurchase Program
In May 2000, the Board approved a stock repurchase program with no stated expiration date.
−Removed: Since that time and through March 31, 2024, the Board has authorized $650.0 million to be expended for the repurchase of the Company's stock under this program.
+Added: Since that time and through September 30, 2024, the Board has authorized $650.0 million to be expended for the repurchase of the Company's stock under this program.
All repurchased shares become authorized but unissued shares of the Company.
The Company last purchased shares in fiscal year 2020.
−Removed: As of March 31, 2024, a total accumulated 1.5 million shares have been repurchased for $595.4 million.
−Removed: At March 31, 2024, $54.6 million remains outstanding under the approved stock repurchase program.
+Added: As of September 30, 2024, a total accumulated 1.5 million shares have been repurchased for $595.4 million.
+Added: At September 30, 2024, $54.6 million remain outstanding under the approved stock repurchase program.
The Company does not expect to repurchase shares in fiscal year 2025.
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.