4 unchanged sentences
The number of shares to be repurchased, and the timing of any repurchases, will depend on factors such as the share price, economic and market conditions, and corporate and regulatory requirements.
−Removed: During the three month period ended July 2, 2023, the Company entered into an accelerated share repurchase agreement (the "ASR Agreement") to repurchase an aggregate of $500.0 million of the Company's common stock under the Company's new share repurchase program.
−Removed: Pursuant to the agreement, the Company paid $500.0 million at inception and took delivery of 5.3 million shares which represented 80% of the total shares the Company expected to receive based on the market price at the time of the initial stock transaction.
−Removed: Upon settlement of the ASR agreement, the final number of shares to be delivered will be determined with reference to the volume weighted average price per share of our common stock over the term of the agreement, less a negotiated discount.
−Removed: The final settlement of the transaction under the agreement is expected to occur no later than December 20, 2023.
−Removed: The following table summarizes the common stock repurchases for the three month period ended July 2, 2023:
+Added: On November 21, 2023, the Company closed and settled the ASR resulting in an additional delivery of 1.3 million shares, with a fair value of $83.2 million The total number of shares repurchased under the ASR program was 6.6 million at an average cost per share of $75.67, based on the volume-weighted average share price of the Company’s common stock during the calculation period of the ASR program, less the applicable contractual discount.
+Added: During the three month period ended December 31, 2023, SBH entered into a $200.0 million rule 10b5-1 repurchase plan to facilitate daily market share repurchases through November 15, 2024, until the cap is reached or until the plan is terminated.
+Added: As of December 31, 2023, there has been $11.1 million repurchased pursuant to the 10b5-1 repurchase plan.
+Added: The following table summarizes the common stock repurchases for the three month period ended December 31, 2023:
of Shares Purchased
3 unchanged sentences
Yet Be Purchased
−Removed: April 3, 2023 to April 30, 2023 — $ — — $ —
−Removed: May 1, 2023 to May 28, 2023 — — — —
−Removed: May 29, 2023 to July 2, 2023 5,343,308 74.86 5,343,308 500,000,000
−Removed: As of July 2, 2023 5,343,308 $ 74.86 5,343,308 $ 500,000,000
+Added: As of September 30, 2023 5,768,702 $ — 5,768,702 $ 465,286,924
+Added: October 1, 2023 to October 29, 2023 — — — —
+Added: October 30,2023 to November 26, 2023 1,264,274 — 1,264,274 465,286,924
+Added: November 27, 2023 to December 31,2023 3,305,302 — 3,305,302 222,325,719
+Added: As of December 31, 2023 10,338,278 $ — 10,338,278 $ 222,325,719
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.