2 unchanged sentences
The number of stockholders of record as of December 31, 2024 and 2023 was 712,700 and 749,207.
−Removed: The number of stockholders of record as of February 7, 2024, was 746,395.
−Removed: We declared dividends on common stock, on a quarterly basis, totaling $1.11 per share in 2023 and $1.11 per share in 2022.
+Added: The number of stockholders of record as of January 31, 2025, was 710,181.
+Added: We declared dividends on common stock, on a quarterly basis, totaling $1.11 per share in 2024 and 2023.
STOCK PERFORMANCE GRAPH
3 unchanged sentences
Dollars in millions except per share amounts
−Removed: Our Board of Directors has approved the following authorization to repurchase common stock:
−Removed: March 2014 authorization program for 300 million shares, with 144 million outstanding at December 31, 2023.
−Removed: To implement this authorization, we have used open market repurchases, relying on Rule 10b5-1 of the Securities Exchange Act of 1934, where feasible.
−Removed: We have also used accelerated share repurchase agreements with large financial institutions to repurchase our stock.
−Removed: We will continue to fund any share repurchases through a combination of cash from operations, borrowings dependent on market conditions, or cash from the disposition of certain non-strategic investments.
−Removed: Our 2024 financing activities will focus on managing our debt level and paying dividends, subject to approval by our Board of Directors.
−Removed: We plan to fund our financing uses of cash through a combination of cash from operations, issuance of debt and asset sales.
−Removed: The timing and mix of any debt issuance and/or refinancing will be guided by credit market conditions and interest rate trends.
A summary of our repurchases of common stock during the fourth quarter of 2024 is as follows:
16 unchanged sentences
Total 554,227 $ 22.22 36,300
−Removed: 1 In March 2014, our Board of Directors approved an authorization to repurchase up to 300 million shares of our common
−Removed: The authorization has no expiration date.
+Added: 1 In March 2014, our Board of Directors approved an authorization to repurchase up to 300 million shares of our common stock.
+Added: The authorization had no expiration date.
+Added: In December 2024, our Board of Directors approved an authorization to repurchase up to
+Added: $10,000 of common stock and terminated the March 2014 authorization.
+Added: No repurchases were made in December 2024
+Added: under the March 2014 authorization.
+Added: The December 2024 authorization has no expiration date.
2 Of the shares purchased, 517,927 shares were acquired through the withholding of taxes on the vesting of restricted stock
1 unchanged sentence
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.