Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: In April 2025, the Company's Board of Directors authorized a new share repurchase program of up to $200 million of the Company's issued and outstanding common stock.
−Removed: The new program has a duration of three years, ending April 30, 2028.
+Added: In April 2025, the Company's Board of Directors authorized a share repurchase program of up to $200 million of the Company's issued and outstanding common stock.
+Added: The program has a duration of three years, ending April 30, 2028.
Repurchases may be made, from time to time, in amounts and at prices the Company deems appropriate, subject to market conditions, applicable legal requirements, debt covenants and other considerations.
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The repurchase program may be suspended or discontinued at any time at the Company's discretion.
−Removed: The previously authorized share repurchase program, which was publicly announced on May 4, 2022, expired on May 2, 2025.
−Removed: The Company did not purchase shares during the quarter ended June 30, 2025 and the dollar value of shares that may yet be purchased under the new program authorized in April 2025 is $200 million.
+Added: The Company did not purchase shares during the quarter ended September 30, 2025 and the dollar value of shares that may yet be purchased under the authorized program is $200 million.
The Company did not sell unregistered equity securities during the period covered by this report.
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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.