16 unchanged sentences
Under the Publicly
−Removed: Announced Plan (b)
+Added: Announced Plan (a)
October 2025 (October 1-31) 570,996 $ 62.33 570,996 $ 219,755,088
1 unchanged sentence
December 2025 (December 1-31) 293,763 $ 69.01 293,763 $ 165,339,046
−Removed: 1,374,652 $ 50.91 1,374,652 $ 441,333,148
−Removed: (a) Includes 25,318 shares purchased for which the trade date occurred in December 2024 and settled in January 2025.
−Removed: (b) Proceeds received from stock option exercises increase repurchase capacity under the plan.
+Added: Total 1,398,316 $ 64.37 1,398,316 $ 165,339,046
+Added: (a) Proceeds received from stock option exercises increase repurchase capacity under the plan.
On August 20, 2007, our Board of Directors (“Board”) authorized the repurchase of our common stock (the “Share Repurchase Program”).
3 unchanged sentences
See the “ Management’s Discussion and Analysis of Financial Condition and Results of Operations - Share Repurchase Program ” section for further information on the Share Repurchase Program.
−Removed: For a description of limitations on the payment of our dividends, see the “ Management’s Discussion and Analysis of Financial Condition and Results of Operations - Dividends.
+Added: For a description of limitations on the payment of our dividends, see the “ Management’s Discussion and Analysis of Financial Condition and Results of Operations - Dividends ” section.
Stock Performance Graph
7 unchanged sentences
Cumulative Total Return
−Removed: Fiscal year ending December 31:
+Added: Fiscal year ended December 31:
2020 2021 2022 2023 2024 2025
3 unchanged sentences
S&P 500 Hotels, Resorts & Cruise Lines
+Added: $ 100.00 $ 119.84 $ 90.79 $ 150.99 $ 199.57 $ 226.60
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
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.