9 unchanged sentences
Regular quarterly dividends per share of our common stock for 2023 and 2022 were as follows:
−Removed: $0.77 in the first quarter of 2022 and $0.85 in the remaining quarters of 2022 $ 3.32
$0.90 per quarter in 2023 $ 3.60
+Added: $0.77 in the first quarter of 2022 and $0.85 in the remaining quarters of 2022 $ 3.32
On January 23, 2024, the Board of Directors approved a quarterly common stock dividend of $0.91 per share.
21 unchanged sentences
During the fourth quarter of 2023, we repurchased 2.8 million shares under the 2022 Repurchase Program and, as of December 31, 2023, 18.7 million shares remained under the 2022 Repurchase Program.
−Removed: On January 29, 2020, the Board of Directors approved a share repurchase program authorizing the purchase of 30 million shares (the “2020 Repurchase Program”), which was approximately 12% of the total shares of our outstanding common stock at that time.
−Removed: During the fourth quarter of 2022, we repurchased 1.3 million shares under the 2020 Repurchase Program, and, as of December 31, 2022, we completed the 2020 Repurchase Program.
−Removed: During the fourth quarter of 2022, we repurchased 4.0 million shares under our 2020 and 2022 Repurchase Programs which included 1.6 million shares from the conclusion of our accelerated share repurchase “ASR” agreement that we entered into on August 9, 2022 and 2.4 million shares received from our ASR agreement that we entered into on December 2, 2022.
Further discussion relating to our ASR agreements can be found in Note 9 - Equity to the Consolidated Financial Statements and Supplementary Data, in the Annual Report on Form 10-K.
1 unchanged sentence
Our 2022 Repurchase Program has no expiration date and purchases under the program may be made from time to time on the open market and in private transactions, depending on market conditions.
−Removed: The following table provides information on our purchases of our outstanding common stock during the fourth quarter of 2022 pursuant to our 2020 and 2022 Repurchase Programs (column c).
+Added: The following table provides information on our purchases of our outstanding common stock during the fourth quarter of 2023 pursuant to our 2022 Repurchase Program (column c).
In addition to these purchases, the number of shares in column (a) include shares of common stock that are tendered to us to satisfy our employees’ tax withholding obligations in connection with the vesting of awards of restricted shares (we repurchase such shares based on their fair market value on the vesting date).
5 unchanged sentences
31, 2023 52,349 440.06 — 18.7 million
−Removed: Total — Qtr 4,075,390 $ 337.82 4,028,626 27.2 million
−Removed: 1 Includes 2.4 million shares received from the initiation of our ASR agreement that we entered into on December 2, 2022.
+Added: Total — Quarter 2,858,436 $ 430.63 2,798,815 18.7 million
+Added: 1 Includes 2.8 million shares received from the initiation of our ASR agreement that we entered into on November 13, 2023.
Average price paid per share information does not include this accelerated share repurchase transaction.
2 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.