1 unchanged sentence
Market Information and Holders
−Removed: Our common shares are listed and traded on the NYSE under the symbol “TEL.” As of November 8, 2023, there were 16,159 shareholders of record of our common shares.
+Added: Our shares are listed and traded on the NYSE under the symbol “TEL.” As of November 8, 2024, there were 15,324 shareholders of record.
Performance Graph
−Removed: The following graph compares the cumulative total shareholder return on our common shares against the cumulative return on the S&P 500 Index and the Dow Jones U.S.
−Removed: Electrical Components and Equipment Index.
−Removed: The graph assumes the investment of $100 in our common shares and in each index at fiscal year end 2018 and assumes the reinvestment of all dividends and distributions.
+Added: The following graph compares the cumulative total shareholder return on our shares against the cumulative return on the S&P 500 Index and the Dow Jones U.S.
+Added: Electrical Components & Equipment Index.
+Added: The graph assumes the investment of $100 in our shares and in each index at fiscal year end 2019 and assumes the reinvestment of all dividends and distributions.
The graph shows the cumulative total return for the last five fiscal years.
−Removed: The comparisons in the graph are based upon historical data and are not indicative of, nor intended to forecast, future performance of our common shares.
+Added: The comparisons in the graph are based upon historical data and are not indicative of, nor intended to forecast, future returns.
Fiscal Year End
−Removed: TE Connectivity Ltd.
+Added: TE Connectivity
S&P 500 Index
Dow Jones U.S.
−Removed: Electrical Components and Equipment Index
−Removed: $100 invested on September 28, 2018 in TE Connectivity Ltd.’s common shares and in indexes.
+Added: Electrical Components & Equipment Index
+Added: $100 invested on September 27, 2019 in our common shares and in indexes.
Indexes calculated on month-end basis.
−Removed: Future dividends on our common shares, if any, must be approved by our shareholders.
−Removed: In exercising their discretion to recommend to the shareholders that such dividends be approved, our board of directors will consider our results of operations, cash requirements and surplus, financial condition, statutory requirements of applicable law, contractual restrictions, and other factors that they may deem relevant.
+Added: At the Annual General Meeting on March 13, 2024, shareholders approved a dividend payment of $2.60 per share, payable in four equal quarterly installments of $0.65 per share.
+Added: The third and fourth installments are expected to occur in our first and second quarters of fiscal 2025.
+Added: As a result of our change in place of incorporation, beginning in our third quarter of fiscal 2025, future dividends on our ordinary shares, if any, will be declared on a quarterly basis by our board of directors as provided by Irish law.
+Added: Shareholder approval is no longer required.
+Added: In exercising their discretion to approve such dividends, our board of directors will consider our results of operations, financial condition, cash requirements, future business prospects, statutory requirements of applicable law, contractual restrictions, restrictions imposed by Irish law, and other factors that they may deem relevant.
Issuer Purchases of Equity Securities
9 unchanged sentences
or Programs (2)
−Removed: July 1–July 28, 2023
−Removed: July 29–September 1, 2023
−Removed: September 2–September 29, 2023
+Added: June 29–July 26, 2024
+Added: July 27–August 30, 2024
+Added: August 31–September 27, 2024
(1) These columns include the following transactions which occurred during the quarter ended September 27, 2024:
3 unchanged sentences
The share repurchase program does not have an expiration date.
+Added: On October 30, 2024, our board of directors authorized an increase of $2.5 billion in our share repurchase program.
+Added: See Note 17 to the Consolidated Financial Statements for additional information regarding our share repurchase program.
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.