UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Our Board of Directors has adopted stock repurchase programs which authorize us to repurchase shares of our common stock in the public market or in private transactions, from time to time, at prevailing prices.
+Added: Our Board of Directors (the “Board”) has adopted stock repurchase programs which authorize us to repurchase shares of our common stock in the public market or in private transactions, from time to time, at prevailing prices.
Our stock repurchase program adopted in May 2023 authorized the repurchase of up to $250.0 million of our common stock.
−Removed: The following table summarizes the repurchases under our stock purchase program during the three months ended March 31, 2025:
+Added: In May 2025, the Board approved a $250 million increase to the existing stock repurchase program.
+Added: The following table summarizes the repurchases under our stock repurchase program during the three months ended June 30, 2025:
Total Number of Shares Purchased
2 unchanged sentences
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in Thousands)
−Removed: January 1, 2025 - January 31, 2025
−Removed: February 1, 2025 - February 28, 2025
−Removed: March 1, 2025 - March 31, 2025
−Removed: (1) In May 2023, our Board of Directors approved a stock purchase program, which superseded our prior repurchase program and authorized us to repurchase up to $250.0 million of our common stock.
+Added: April 1, 2025 - April 30, 2025
+Added: May 1, 2025 - May 31, 2025
+Added: June 1, 2025 - June 30, 2025
+Added: (1) In May 2023, our Board approved a stock repurchase program and authorized us to repurchase up to $250.0 million of our common stock.
+Added: In May 2025, the Board approved a $250 million increase to the existing stock repurchase program.
Purchases are made at management’s discretion based on market conditions and financial resources.
−Removed: As of March 31, 2025, we had repurchased 4,967,958 shares of our common stock for $216.1 million and had $33.9 million remaining availability under the May 2023 authorization .
+Added: As of June 30, 2025, we had repurchased 5,163,143 shares of our common stock for $233.4 million and, following such increase, had $266.6 million remaining availability under the stock repurchase program.
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.