1 unchanged sentence
Issuer Purchases of Common Shares
−Removed: The following table provides information about purchases by the Company of its common shares during the quarter ended September 30, 2021.
+Added: The following table provides information about purchases by the Company of its common shares during the quarter ended March 31, 2022.
Period Total number
9 unchanged sentences
Total 1,611,387 $ 66.70 1,500,000 —
−Removed: (1) Of the shares purchased in July and August, 10 and 59 respectively, represent common shares of the Company that were owned and tendered by employees to exercise stock options and to satisfy withholding obligations in connection with the exercise of stock options or vesting of restricted shares.
+Added: (1) Of the shares purchased in January, February and March, 1,275, 108,758 and 1,354 respectively, represent common shares of the Company that were owned and tendered by employees to exercise stock options and to satisfy withholding obligations in connection with the exercise of stock options or vesting of restricted shares.
(2) For shares tendered in connection with the vesting of restricted shares, the average price paid per share is an average calculated using the daily high and low of the Company's common shares as quoted on the New York Stock Exchange at the time of vesting.
3 unchanged sentences
Under this plan, the Company may purchase shares from time to time in open market purchases or privately negotiated transactions, and it may make all or part of the purchases pursuant to accelerated share repurchases or Rule 10b5-1 plans.
−Removed: The previous share purchase plan expired on February 28, 2021.
Certification of Richard G.
5 unchanged sentences
Fracassa, Executive Vice President and Chief Financial Officer (principal financial officer and principal accounting officer) of The Timken Company, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: Financial statements from the quarterly report on Form 10-Q of The Timken Company for the quarter ended September 30, 2021 filed on November 1, 2021, formatted in Inline XBRL:
+Added: Financial statements from the quarterly report on Form 10-Q of The Timken Company for the quarter ended March 31, 2022 filed on May 2, 2022, formatted in Inline XBRL:
(i) the Consolidated Statements of Income, (ii) the Consolidated Statements of Comprehensive Income, (iii) the Consolidated Balance Sheets, (iv) the Consolidated Statements of Cash Flows and (v) the Notes to the Consolidated Financial Statements.
2 unchanged sentences
THE TIMKEN COMPANY
−Removed: November 1, 2021 By:
+Added: May 2, 2022 By:
/s/ Richard G.
1 unchanged sentence
(Principal Executive Officer)
−Removed: November 1, 2021 By:
+Added: May 2, 2022 By:
/s/ Philip D.
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.