UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The following table summarizes the Company's stock repurchase activity for the three months ended September 30, 2021:
+Added: The following table summarizes the Company's stock repurchase activity for the three months ended March 31, 2022:
Issuer Purchases of Common Stock
In millions, except shares and price per share Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Programs (1) Maximum Dollar Value of Shares That May Yet Be Purchased Under the Programs (1)
−Removed: July 2021 — $ — — $ 499.4
−Removed: August 2021 2,265,103 $ 87.89 2,265,103 $ 300.3
−Removed: September 2021 — $ — — $ 300.3
−Removed: Total quarter ended September 30, 2021 2,265,103 $ — 2,265,103 $ 300.3
−Removed: (1) On February 11, 2021, the Board of Directors increased its stock repurchase authorization such that the Company has $500 million available for stock repurchases of the Company’s outstanding shares.
−Removed: This new stock repurchase authorization supersedes the previous authorization of $500 million of which about $292.2 million remained.
+Added: January 2022 318,100 $ 92.93 318,100 $ 170
+Added: February 2022 1,057,841 $ 93.72 1,057,841 $ 666
+Added: March 2022 1,746,895 $ 95.57 1,746,895 $ 499
+Added: Total quarter ended March 31, 2022 3,122,836 $ 94.67 3,122,836 $ 499
+Added: (1) On February 10, 2022, the Board of Directors increased its stock repurchase authorization to increase the amount available for stock repurchases to $750 million of the Company’s outstanding shares.
+Added: This new stock repurchase authorization superseded the previous authorization of $500 million, of which approximately $155 million remained at the reauthorization date.
No time limit was set for the completion of the program which conforms to the requirements under the Senior Credit Facility and the Senior Notes currently outstanding.
4 unchanged sentences
The following exhibits are being filed with this report:
−Removed: 10.1 Employment Continuation Agreement of John A.
−Removed: Olin dated as of September 14, 2021
−Removed: 10.2 Transition Agreement of Patrick A.
−Removed: Dugan dated as of September 9, 2021
+Added: 10.1 Amended and Restated 2011 Stock Incentive Plan (incorporated by reference to the Current Report on Form 8- K filed on April 6, 2022)
22.1 List of Subsidiary Guarantors
14 unchanged sentences
(Duly Authorized Officer and Principal Financial Officer)
−Removed: October 27, 2021
+Added: April 27, 2022
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.