2 unchanged sentences
On February 9, 2026, there were approximately 115 holders of record of the Company’s common stock.
−Removed: The Company has not paid any cash dividends on its common stock since it commenced operations and has no plans to do so in the foreseeable future.
+Added: The Company has not paid any cash dividends on its common stock since it commenced operations.
Stock Performance Graph
18 unchanged sentences
Shares Purchased per Share(1) Plans or Programs Plans or Programs(1)
−Removed: First Quarter
−Removed: January 2024 — $ — — $ 150,000,000
−Removed: February 2024 112,215 58.23 112,215 143,466,072
−Removed: March 2024 417,123 59.55 417,123 118,624,951
−Removed: Total 529,338 $ 59.27 529,338 118,624,951
−Removed: Second Quarter
−Removed: April 2024 393,914 $ 58.46 393,914 95,596,029
−Removed: May 2024 41,597 58.64 41,597 93,156,593
−Removed: June 2024 416,587 57.78 416,587 69,085,247
−Removed: Total 852,098 $ 58.14 852,098 69,085,247
−Removed: Third Quarter
−Removed: July 2024 — $ — — 69,085,247
−Removed: August 2024 — — — 69,085,247
−Removed: September 2024 — — — 69,085,247
−Removed: Total — $ — — 69,085,247
+Added: Total first quarter 2025
+Added: 396,106 $ 78.25 396,106 $ 169,003,778
+Added: Total second quarter 2025
+Added: 317,860 $ 65.50 317,860 $ 148,183,554
+Added: Total third quarter 2025
+Added: 87,087 $ 80.49 87,087 $ 141,174,282
Fourth Quarter
−Removed: October 2024 — $ — — 69,085,247
+Added: 197,237 $ 82.70 197,237 $ 124,862,200
November 2025
+Added: 998,464 85.98 998,464 39,012,818
December 2025
−Removed: Total — $ — — $ 69,085,247
−Removed: Year to date total 1,381,436 $ 58.57 1,381,436 $ 69,085,247
+Added: 249,511 93.08 249,511 200,000,000
+Added: Total fourth quarter 2025
+Added: 1,445,212 $ 86.76 1,445,212 $ 200,000,000
+Added: 2,246,265 $ 82.01 2,246,265 $ 200,000,000
(1) The approximate dollar value of shares that may yet be purchased under the plans or programs and average price paid per share do not include the effect of excise tax expense incurred on net stock repurchases.
−Removed: On January 17, 2024, the Company’s board of directors authorized a share repurchase program under which the Company could repurchase up to $150.0 million in shares of its outstanding common stock, excluding the effect of excise tax expense incurred on net stock repurchases.
−Removed: Remaining repurchase authorization under the January 18, 2023 share repurchase program was terminated upon authorization of this new program.
On January 22, 2025, the Company’s board of directors authorized a new share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock, excluding the effect of excise tax expense incurred on net stock repurchases.
−Removed: The share repurchase program expires on January 31, 2026, but may be suspended or discontinued at any time.
−Removed: Remaining repurchase authorization under the January 17, 2024 share repurchase program was terminated upon authorization of this new program.
+Added: The remaining repurchase authorization under the January 17, 2024 share repurchase program was terminated upon authorization of this new program.
+Added: Effective December 12, 2025, the Company’s board of directors authorized a new share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock, excluding the effect of excise tax expense incurred on net stock repurchases.
+Added: The share repurchase program will expire on December 31, 2026, but may be suspended or discontinued at any time.
+Added: The remaining repurchase authorization under the January 22, 2025 share repurchase program was terminated upon authorization of this new program.
Any repurchases under the Company’s repurchase program will be made in accordance with applicable securities laws from time to time in open market or private transactions.
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.