12 unchanged sentences
$ 100.00 $ 126.83 $ 138.25 $ 165.07 $ 153.35 $ 177.94
−Removed: The information in the graph and table above is not "soliciting material," is not deemed "filed" with the United States (the "U.S.") Securities and Exchange Commission, and is not to be incorporated by reference in any of our filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Annual Report on Form 10-K (this "Report"), except to the extent that we specifically incorporate such information by reference.
+Added: The information in the graph and table above is not "soliciting material," is not deemed "filed" with the United States (the "U.S.") Securities and Exchange Commission, and is not to be incorporated by reference in any of our filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date
+Added: of this Annual Report on Form 10-K (this "Report"), except to the extent that we specifically incorporate such information by reference.
The total shareholder return shown on the graph represents past performance and should not be considered an indication of future price performance.
−Removed: As of January 27, 2023, there were three holders of record of our ordinary shares, primarily Cede & Co.
+Added: As of February 7, 2024, there were three holders of record of our ordinary shares, primarily Cede & Co.
(which acts as nominee shareholder for the Depository Trust Company).
−Removed: In April 2022, our Board of Directors approved our first quarterly dividend of $0.11 per share, paid in May 2022.
−Removed: Subsequent to this payment, we made additional quarterly payments in August 2022 and November 2022, each at $0.11 per share.
+Added: In fiscal year 2023, we made payments of quarterly dividends of $0.11 per share in February 2023 and $0.12 per share in May, August, and November 2023.
+Added: We expect that comparable cash dividends will continue to be paid in the foreseeable future.
Because we are a holding company, our ability to continue to pay cash dividends on our ordinary shares may be limited by restrictions on our ability to obtain sufficient funds through dividends from our subsidiaries, including restrictions under the terms of the agreements governing our indebtedness.
2 unchanged sentences
Refer to Note 14:
−Removed: Debt of our audited consolidated financial statements and accompanying notes thereto included elsewhere in this Report for additional information related to our dividend restrictions.
+Added: Debt of our audited consolidated financial statements and accompanying notes thereto (the "Financial Statements") included elsewhere in this Report for additional information related to our dividend restrictions.
Additionally, certain of our subsidiaries may be limited in their ability to pay dividends or make other distributions to the extent that the shareholders' equity of such subsidiary exceeds the reserves required to be maintained by law or under its articles of association.
7 unchanged sentences
Shareholders should consult their tax advisors regarding their particular tax situation and the income tax consequences on any potential dividend income received from us.
−Removed: Issuer Purchases of Equity Securities
+Added: Share Repurchase Programs
+Added: From time to time, our Board of Directors has authorized various share repurchase programs, which may be modified or terminated by the Board at any time.
+Added: Under these programs, we may repurchase ordinary shares at such times and in amounts to be determined by our management, based on market conditions, legal requirements, and other corporate considerations, on the open market or in privately negotiated transactions, provided that such transactions were completed pursuant to an agreement and with a third party approved by our shareholders at the annual general meeting.
+Added: On January 20, 2022, our Board of Directors authorized a $500.0 million ordinary share repurchase program (the “January 2022 Program”), which replaced the previous $500.0 million program approved in July 2019.
+Added: On September 26, 2023, our Board of Directors authorized a new $500.0 million ordinary share repurchase program (the "September 2023 Program"), which replaced the January 2022 Program and became effective on October 1, 2023.
+Added: The form of the September 2023 Program was approved by shareholders on May 25, 2023.
+Added: The September 2023 Program does not have an established expiration date.
+Added: The process or criteria used to determine the amount of repurchases is an ongoing and frequent review of our capacity of available cash and our overall capital allocation priorities.
+Added: Issuer purchase of Equity Securities
Period Total Number of Shares Purchased
15 unchanged sentences
There were 4,035, 216, and 1,596 ordinary shares withheld in October 2023, November 2023, and December 2023, respectively, representing a total aggregate fair value of $0.2 million based on the closing price of our ordinary shares on the date of withholdings.
−Removed: (2) All purchases during the three months ended December 31, 2022 were conducted pursuant to a $500.0 million share repurchase program authorized by our Board of Directors and publicly announced on January 20, 2022 (the “January 2022 Program”).
−Removed: The January 2022 Program does not have an established expiration date.
+Added: (2) All purchases during the three months ended December 31, 2023 were conducted pursuant to the September 2023 Program.
+Added: The September 2023 Program does not have an established expiration date.
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.