3 unchanged sentences
The timing and amount of repurchases are based on terms and conditions as may be acceptable to the Company’s Chief Executive Officer and Chief Financial Officer and in compliance with all laws and regulations applicable thereto.
−Removed: During the period from September 1, 2018 through February 29, 2020, the Company repurchased 227,529 shares at a total cost of $39.3 million under this $75.0 million plan .
−Removed: The following table provides information with respect to all purchases made by the Company during the three months ended February 29, 2020 .
+Added: During the period from September 1, 2018 through May 31, 2020, the Company repurchased 268,538 shares at a total cost of $46.4 million under this $75.0 million plan .
+Added: The following table provides information with respect to all purchases made by the Company during the three months ended May 31, 2020 .
All purchases listed below were made in the open market at prevailing market prices.
−Removed: Purchase transactions between December 1, 2019 and January 13, 2020 and between February 14, 2020 and February 29, 2020 were executed pursuant to trading plans adopted by the Company pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
+Added: Purchase transactions between March 1, 2020 and April 7, 2020 were executed pursuant to trading plans adopted by the Company pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
+Added: On April 8, 2020, the Company elected to temporarily suspend repurchases under its current share buy-back plan.
+Added: The Company has elected this suspension in order to preserve cash while it monitors the impacts of the COVID-19 pandemic as it continues to unfold.
+Added: Therefore, no purchase transactions were made between April 8, 2020 and May 31, 2020.
Dollar Value of
4 unchanged sentences
Under the Plans
−Removed: December 1 - December 31
−Removed: January 1 - January 31
−Removed: February 1 - February 29
+Added: March 1 - March 31
+Added: April 1 - April 30
+Added: May 1 - May 31
Certificate of Incorporation, incorporated by reference from the Registrant’s Form 10-K filed October 22, 2019, Exhibit 3(a) thereto.
4 unchanged sentences
Second Amendment to Note Purchase and Private Shelf Agreement dated March 16, 2020 among WD-40 Company and Prudential and the Note Purchasers, incorporated by reference from the Registrant’s Form 8-K filed March 20, 2020, Exhibit 10(b) thereto .
−Removed: Form of Acknowledgement Letter Agreement dated April 8, 2020 among WD-40 Company and Bank of America .
−Removed: Form of Limited Consent Letter Agreement dated April 8, 2020 among WD-40 Company and Prudential and the Note Purchasers.
+Added: Form of Acknowledgement Letter Agreement dated April 8, 2020 among WD-40 Company and Bank of America, incorporated by reference from the Registrant’s Form 10-Q filed April 9, 2020, Exhibit 10(d) thereto .
+Added: Form of Limited Consent Letter Agreement dated April 8, 2020 among WD-40 Company and Prudential and the Note Purchasers, incorporated by reference from the Registrant’s Form 10-Q filed April 9, 2020, Exhibit 10(e) thereto .
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
2 unchanged sentences
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: XBRL Instance Document
−Removed: XBRL Taxonomy Extension Schema Document
−Removed: XBRL Taxonomy Extension Calculation Linkbase Document
−Removed: XBRL Taxonomy Extension Definition Linkbase Document
−Removed: XBRL Taxonomy Extension Labels Linkbase Document
−Removed: XBRL Taxonomy Extension Presentation Linkbase Document
+Added: The following materials from WD-40 Company’s Quarterly Report on Form 10-Q for the quarter ended May 31, 2020, formatted in iXBRL (inline eXtensible Business Reporting Language):
+Added: (i) the Condensed Consolidated Balance Sheets;
+Added: (ii) the Condensed Consolidated Statements of Operations;
+Added: (iii) the Condensed Consolidated Statements of Comprehensive Income;
+Added: (iv) the Condensed Consolidated Statements of Shareholders’ Equity;
+Added: (v) the Condensed Consolidated Statements of Cash Flows;
+Added: and (vi) Notes to the Condensed Consolidated Financial Statements.
The cover page from this Quarterly Report on Form 10-Q, formatted in Inline XBRL and contained in Exhibit 101.
1 unchanged sentence
WD-40 COMPANY
−Removed: April 9, 2020
Chief Executive Officer
7 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.