4 unchanged sentences
Measurement points are the last trading day of each subsequent fiscal year.
+Added: As of February 20, 2026, there were approximately 433 registered holders of record of our common stock.
Stock Repurchase Program
−Removed: On January 28, 2024, our Board of Directors approved a new stock repurchase program (the “2024 Stock Repurchase Program”) authorizing up to $800.0 million in repurchases of our common stock.
−Removed: The 2024 Stock Repurchase Program replaced the prior stock repurchase program, which was approved in August 2021 and has been cancelled.
−Removed: At the end of 2024, there were remaining authorized funds of $625.0 million.
−Removed: The stock repurchase authorization does not have an expiration date.
−Removed: There were no stock repurchases during the fourth quarter of 2024.
−Removed: During 2024, we repurchased approximate ly 2.9 million shares of common stock in open market purchases at an average price of $60.97 per share for a total of $175.0 million.
−Removed: Subsequent to the end of the year 2024, the Board of Directors authorized a common stock repurchase authorization of up to $1.0 billion, which replaces the existing 2024 Stock Repurchase Program in the first quarter of 2025.
+Added: On February 18, 2025, the Board of Directors approved a repurchase program of up to $1.0 billion in repurchases of our common stock (the “February 2025 Program”), which replaced and cancelled the prior 2024 stock repurchase program approved in January 2024.
+Added: On December 3, 2025, the Board of Directors approved a new stock repurchase program for up to $1.0 billion in repurchases of our common stock (the “December 2025 Program”).
+Added: The stock repurchase authorization does not have an expiration date and replaces the February 2025 Program, of which $199 million was remaining but is now cancelled.
We may repurchase stock from time to time through accelerated stock repurchase programs, open market transactions, privately negotiated transactions, block purchases, tender offers, or other means.
−Removed: The timing and actual number of any stock repurchased will depend on a variety of factors, including market conditions, our stock price, other available uses of capital, applicable legal requirements, and other factors.
−Removed: This program may be suspended, modified, or discontinued at any time without prior notice.
−Removed: As of April 18, 2025, there were approximately 449 registered holders of record of our common stock.
+Added: Issuer Purchase of Equity Securities
+Added: The following table provides information relating to our purchases of equity securities for the fourth quarter of 2025 :
+Added: Purchased Average
+Added: per Share Total Number of Shares
+Added: Purchased as Part of
+Added: Publicly Announced
+Added: Program Maximum Approximate Dollar Value of Shares that May Yet Be
+Added: Purchased Under the
+Added: February 2025 Program
+Added: October 4, 2025 – November 7, 2025 — $ — — $ 272,642,563
+Added: November 8, 2025 – December 5, 2025 950,777 $ 76.99 950,777 $ 199,445,944
+Added: December 2025 Program
+Added: December 6, 2025 – January 2, 2026 943,488 $ 79.37 943,488 $ 925,119,568
+Added: Total 1,894,265 1,894,265
Dividend Policy
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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.