3 unchanged sentences
Effective February 15, 2012, the Company’s Board of Directors approved a program authorizing the repurchase of up to five million shares of our common stock through February 20, 2013 (the “2012 Program”) which was subsequently extended through February 20, 2021.
−Removed: In July 2016, the Company acquired and subsequently retired 935,231 shares of J2 Global common stock in connection with the acquisitions of Integrated Global Concepts, Inc.
−Removed: As a result of the purchase of J2 Global common stock, the Company’s Board of Directors approved a reduction in the number of shares available for purchase under the 2012 Program by the same amount.
In November 2018 and May 2019, the Company entered into Rule 10b5-1 trading plans with a broker to facilitate the repurchase program.
4 unchanged sentences
On August 6, 2020, the Company’s Board of Directors approved a program authorizing the repurchase of up to 10 million shares of our common stock through August 6, 2025 (the “2020 Program”) in addition to the five million shares repurchased under the 2012 Program.
−Removed: During the three month period ended March 31, 2021, the Company repurchased no shares under this program.
−Removed: Cumulatively at March 31, 2021, 2,490,599 shares were repurchased at an aggregate cost of $177.8 million (including an immaterial amount of commission fees) under the 2020 Program, which were subsequently retired.
+Added: During the six month period ended June 30, 2021, the Company repurchased no shares under this program.
+Added: Cumulatively at June 30, 2021, 2,490,599 shares were repurchased at an aggregate cost of $177.8 million (including an immaterial amount of commission fees) under the 2020 Program, which were subsequently retired.
See Note 13, “Stockholders’ Equity” of the Notes to the Condensed Consolidated Financial Statements.
−Removed: The following table details the repurchases that were made under and outside the 2020 Program during the three months ended March 31, 2021:
+Added: The following table details the repurchases that were made under and outside the 2020 Program during the three months ended June 30, 2021:
Period Total Number of
6 unchanged sentences
Program Maximum
−Removed: January 1, 2021 - January 31, 2021 10,779 $ 97.69 — 7,509,401
−Removed: February 1, 2021 - February 28, 2021 11,571 $ 108.89 — 7,509,401
−Removed: March 1, 2021 - March 31, 2021 85,937 $ 114.99 — 7,509,401
+Added: April 1, 2021 - April 30, 2021 47,789 $ 121.41 — 7,509,401
+Added: May 1, 2021 - May 31, 2021 25,900 $ 121.54 — 7,509,401
+Added: June 1, 2021 - June 30, 2021 13,466 $ 133.59 — 7,509,401
Total 87,155 — 7,509,401
4 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.