Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On October 5, 2021, our Board of Directors authorized a stock repurchase program under which we could repurchase up to $400 million of our common stock.
−Removed: In the first half of fiscal 2025, we repurchased and settled 5,165,715 shares with an average price of $33.87 per share for a total cost of $175.0 million in the open market.
−Removed: We did not repurchase any shares of our common stock in the first half of fiscal 2024.
−Removed: At March 30, 2025, we had a remaining balance of $172.8 million under our stock repurchase program.
−Removed: Below is a summary of the stock repurchases that were traded and settled during the first half of fiscal 2025:
+Added: On May 5, 2025, our Board of Directors authorized an additional $500 million stock repurchase program in addition to the previous $400 million stock repurchase program authorized on October 5, 2021.
+Added: In the first nine months of fiscal 2025, we repurchased and settled 5,933,085 shares with an average price of $33.71 per share for a total cost of $200.0 million in the open market.
+Added: We did not repurchase any shares of our common stock in the first nine months of fiscal 2024.
+Added: At June 29, 2025, we had a remaining balance of $647.8 million under our stock repurchase programs.
+Added: Below is a summary of the stock repurchases that were traded and settled during the first nine months of fiscal 2025:
Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Dollar Value that May Yet be Purchased Under the Plans or Programs (in thousands)
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February 24, 2025 - March 30, 2025 1,208,341 29.08 1,208,341 172,828
+Added: March 31, 2025 - April 27, 2025 292,865 29.84 292,865 164,089
+Added: April 28, 2025 - May 25, 2025 262,477 33.30 262,477 655,349
+Added: May 26, 2025 - June 29, 2025 212,028 35.47 212,028 647,828
Mine Safety Disclosures
3 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.