−Removed: Item 2 Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Item 2 Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
Purchases of equity securities.
1 unchanged sentence
The program allows us to repurchase shares of our common stock from time to time for cash in the open market, or in negotiated or block transactions, as market and business conditions warrant and subject to applicable legal requirements.
−Removed: There is no expiration date for this program, and the program may be accelerated, suspended, delayed or discontinued at any time at the discretion of our board of directors.
+Added: We are authorized to continue repurchasing shares through June 30, 2024, provided that the program may be accelerated, suspended, delayed or discontinued at any time at the discretion of our board of directors.
All share repurchases after February 21, 2014 have been executed under this program.
−Removed: We temporarily suspended our share repurchase program due to recent acquisitions and as a response to the COVID-19 pandemic.
−Removed: As a result, we did not repurchase any shares during the three months ended March 31, 2023.
−Removed: However, there is no expiration date for this program, and we may, at any time, elect to resume the share repurchase program as the circumstances allow.
−Removed: Since the inception of the share buyback programs, we have repurchased 41.8 million shares at a total cost of $1.6 billion.
−Removed: At March 31, 2023, 12.9 million additional shares of common stock can be repurchased under the approved share repurchase program.
+Added: We suspended our share repurchase program in fiscal year 2019.
+Added: As a result, we did not repurchase any shares during the three months ended September 30, 2023.
+Added: However, we recently announced in October 2023 that our board of directors has elected to reactivate and resume share repurchases pursuant to the share repurchase program as the circumstances allow.
+Added: Since approval of the share repurchase program in 2014 through September 30, 2023, we have repurchased a total of 7.1 million shares under this repurchase program for an aggregate of $413 million.
+Added: At September 30, 2023, 12.9 million additional shares of common stock can be repurchased under the approved share repurchase program.
Item 3 Defaults Upon Senior Securities
1 unchanged sentence
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.