1 unchanged sentence
On June 16, 2025, the Board approved the extension of the expiration date to August 31, 2026 for the 2023 Repurchase Plan, which became effective on September 1, 2023 and was set to expire August 31, 2025.
−Removed: We are authorized to acquire up to $50.0 million of our outstanding shares through this expiration date of August 31, 2026, of which $13.8 million remains available for the repurchase of shares of common stock as of February 28, 2026.
+Added: We are authorized to acquire up to $50.0 million of our outstanding shares through this expiration date of August 31, 2026, of which $7.0 million remains available for the repurchase of shares of common stock as of May 31, 2026.
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, subject to present loan covenants and in compliance with all laws and regulations applicable thereto.
−Removed: During the six months ended February 28, 2026, the Company repurchased 77,675 shares at an average price of $203.22 per share, for a total cost of $15.8 million under this $50.0 million plan.
−Removed: The following table provides information with respect to all purchases made by the Company during the three months ended February 28, 2026.
+Added: During the nine months ended May 31, 2026, the Company repurchased 108,925 shares at an average price of $206.99 per share, for a total cost of $22.5 million under this $50.0 million plan.
+Added: On June 15, 2026, the Board of Directors approved a new $100.0 million share repurchase authorization, which has no expiration date or other restrictions limiting the period over which the Company can make repurchases, and beginning September 1, 2026, will replace the remaining capacity under the prior authorization.
+Added: The following table provides information with respect to all purchases made by the Company during the three months ended May 31, 2026.
All purchases listed below were made in the open market at prevailing market prices and were executed pursuant to trading plans adopted by the Company pursuant to Rule 10b5-1 under the Exchange Act.
8 unchanged sentences
Plans & Programs
−Removed: December 1 – December 31 15,500 $ 199.25 15,500 $ 18,704,023
−Removed: January 1 – January 31 15,375 $ 205.06 15,375 $ 15,551,224
−Removed: February 1 – February 28 7,300 $ 239.03 7,300 $ 13,806,331
+Added: March 1 – March 31 14,000 $ 222.83 14,000 $ 10,686,649
+Added: April 1 – April 30 8,250 $ 218.69 8,250 $ 8,882,416
+Added: May 1 – May 31 9,000 $ 204.09 9,000 $ 7,045,566
31,250 $ 216.34 31,250
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.