ITEM 2 — UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: (a) Sales of Unregistered Securities during the Quarter ended September 30, 2020
−Removed: During the quarter ended September 30, 2020, Xerox Holdings Corporation issued the following securities in transactions that were not registered under the Securities Act of 1933, as amended (the Act).
+Added: (a) Sales of Unregistered Securities during the Quarter ended March 31, 2021
+Added: During the quarter ended March 31, 2021, Xerox Holdings Corporation issued the following securities in transactions that were not registered under the Securities Act of 1933, as amended (the Act).
Dividend Equivalent:
−Removed: (a) Securities issued on July 31, 2020:
+Added: (a) Securities issued on January 29, 2021:
Xerox Holdings Corporation issued 1,947 DSUs, representing the right to receive shares of Common Stock, par value $1 per share, at a future date.
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(d) Exemption from registration under the Act was claimed based upon Section 4(2) as a sale by an issuer not involving a public offering.
−Removed: (b) Issuer Purchases of Equity Securities during the Quarter ended September 30, 2020
+Added: (b) Issuer Purchases of Equity Securities during the Quarter ended March 31, 2021
+Added: In January 2021, the Xerox Holdings Corporation's Board of Directors authorized an additional $100 million of share repurchase authority, bringing the total authorization of the already existing share repurchase program to $1.1 billion (excluding fees and expenses).
Repurchases of Xerox Holdings Corporation's Common Stock, par value $1 per share, include the following:
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Maximum Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (2)
−Removed: July 1 through 31 — $ — — $700,027,664
−Removed: August 1 through 31 2,214,773 18.77 2,214,773 658,445,939
−Removed: September 1 through 30 5,792,465 18.72 5,792,465 550,027,675
+Added: January 1 through 31 — $ — — $500,450,199
+Added: February 1 through 28 3,698,545 23.67 3,698,545 412,918,420
+Added: March 1 through 31 3,005,520 24.86 3,005,520 338,195,131
Total 6,704,065 6,704,065
____________________________
−Removed: (1) Exclusive of fees and costs.
−Removed: (2) Of the $1.0 billion of share repurchase authority previously granted by Xerox Holdings Corporation's Board of Directors, exclusive of fees and expenses, approximately $450 million has been used through September 30, 2020.
+Added: (1) Exclusive of fees and expenses.
+Added: (2) Of the $1.1 billion of share repurchase authority previously granted by Xerox Holdings Corporation's Board of Directors, exclusive of fees and expenses, approximately $762 million has been used through March 31, 2021.
Repurchases may be made on the open market, or through derivative or negotiated contracts.
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Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
−Removed: July 1 through 31 627,283 $ 15.17 n/a n/a
−Removed: August 1 through 31 — — n/a n/a
−Removed: September 1 through 30 — — n/a n/a
+Added: January 1 through 31 168,032 $ 23.00 n/a n/a
+Added: February 1 through 28 498 23.35 n/a n/a
+Added: March 1 through 31 646 24.97 n/a n/a
Total 169,176
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(1) These repurchases are made under a provision in our restricted stock compensation programs for the indirect repurchase of shares through a net-settlement feature upon the vesting of shares in order to satisfy minimum statutory tax-withholding requirements.
−Removed: (2) Exclusive of fees and costs.
+Added: (2) Exclusive of fees and expenses.
ITEM 3 — DEFAULTS UPON SENIOR SECURITIES
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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.