5 unchanged sentences
In accordance with its capital allocation policy, the Company does not pay cash dividends.
−Removed: Share Issuance Program
−Removed: In February 2021, the Company filed a $150.0 million shelf registration and $50.0 million prospectus supplement with the Securities and Exchange Commission under which it had the ability to offer and sell, from time to time, up to $50.0 million worth of its common stock in "at-the-market" offerings.
−Removed: In fiscal year 2022, 464,781 shares were issued for $38.4 million under the prospectus.
−Removed: During fiscal years 2023 and 2024, the Company did not issue any shares under this prospectus.
−Removed: The share issuance program expired on February 10, 2024.
−Removed: The Company issued the following common stock through its share issuance program:
−Removed: 2024 2023 2022
−Removed: Issued shares — — 464,781
−Removed: Average price (per share) $ — $ — $82.60
−Removed: Price range (per share) $ — $ — $75.20 - $119.80
−Removed: Total $ — $ — $ 38,400,000
Share Repurchase Program
−Removed: In May 2000, the Company's Board of Directors (Board) approved a stock repurchase program with no stated expiration date.
+Added: In May 2000, the Board approved a stock repurchase program with no stated expiration date.
Since that time and through June 30, 2025, 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.
−Removed: The timing and amounts of any repurchases depends on many factors, including the market price of the common stock and overall market conditions.
+Added: The timing and amounts of any repurchases depend on many factors, including the market price of the common stock and overall market conditions.
During fiscal year 2025, the Company did not repurchase shares.
3 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.