Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: During the three months ended September 30, 2024, the Company paid $5.0 million to repurchase shares of common stock under its repurchase program.
−Removed: The remaining authorization for common stock repurchases was $235.0 million as of September 30, 2024, and is available for use through December 31, 2024.
−Removed: A summary of the Company’s share repurchases during the quarter is set forth below:
+Added: During the three months ended March 31, 2025, the Company paid $32.0 million to repurchase shares of common stock under its repurchase program.
+Added: The remaining authorization for common stock repurchases was $196.5 million as of March 31, 2025, and is available for use through December 31, 2025.
+Added: A summary of the Company’s share repurchases during the three months ended March 31, 2025 is set forth below:
Period Total number of shares purchased (1)
Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under the plans or programs ($ mil)
−Removed: July 1 to July 31, 2024 — $ — — $ 240.0
−Removed: August 1 to August 31, 2024 31,640 93.70 31,640 237.0
−Removed: September 1 to September 30, 2024 21,915 92.89 21,915 235.0
+Added: January 1 to January 31, 2025 — $ — — $ 228.5
+Added: February 1 to February 28, 2025 — — — 228.5
+Added: March 1 to March 31, 2025 391,302 81.84 391,302 196.5
Total 391,302 $ 81.84 391,302 $ 196.5
2 unchanged sentences
The Board of Directors amended the program on various dates increasing the amount authorized and extending the authorization date.
−Removed: On November 1, 2023, the Board of Directors increased the amount authorized to $240.0 million for use through December 31, 2024.
+Added: On November 6, 2024, the Board of Directors authorized an extension of the repurchase program through December 31, 2025.
+Added: The total amount authorized remained $235.0 million (including amounts expended since the program commenced).
Defaults Upon Senior Securities
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.