4 unchanged sentences
In connection with the authorization, the Company entered into certain Rule 10b5-1 trading plans with a broker-dealer to facilitate the repurchase program.
−Removed: During the three months March 31, 2023, zero shares were repurchased under the 2020 Program.
−Removed: Cumulatively, as of March 31, 2023, the Company repurchased 3,672,846 shares at an aggregate cost of $296.9 million (including an immaterial amount of commission fees) under the 2020 Program, which were subsequently retired.
+Added: During the three months June 30, 2023, 980,418 shares were repurchased under the 2020 Program.
+Added: Cumulatively, as of June 30, 2023, the Company repurchased 4,653,264 shares, under the 2020 Program, at an aggregate cost of $360.8 million (including excise tax), which were subsequently retired.
See Note 10 - Stockholders’ Equity in Item 1 of Part I of this Quarterly Report on Form 10-Q, which is incorporated by reference into this Item 1of Part II.
−Removed: As a result of the Company’s share repurchases, the number of shares of the Company’s common stock available for purchase under the 2020 Program is 6,327,154 shares.
−Removed: The following table details the repurchases that were made under and outside the 2020 Program during the three months ended March 31, 2023:
+Added: As a result of the Company’s share repurchases, as of June 30, 2023, the number of shares of the Company’s common stock available for purchase under the 2020 Program was 5,346,736 shares.
+Added: The following table details the repurchases that were made under and outside the 2020 Program, on a trade date basis, during the three months ended June 30, 2023:
Period Total Number of Shares
1 unchanged sentence
Average Price
−Removed: Paid Per Share Total Number of
+Added: Paid Per Share (2)
+Added: Total Number of
Shares Purchased as Part of Publicly
1 unchanged sentence
Purchased Under the Plans or Program (3)
−Removed: January 1, 2023 - January 31, 2023 14,021 $ 79.40 — 6,327,154
−Removed: February 1, 2023 - February 28, 2023 246 $ 93.51 — 6,327,154
−Removed: March 1, 2023 - March 31, 2023 22,385 $ 77.85 — 6,327,154
+Added: April 1, 2023 - April 30, 2023 534 $ 67.73 — 6,327,154
+Added: May 1, 2023 - May 31, 2023 375,221 $ 62.00 370,532 5,956,622
+Added: June 1, 2023 - June 30, 2023 609,886 $ 66.11 609,886 5,346,736
Total 985,641 980,418 5,346,736
−Removed: (1) Consists of shares surrendered to the Company to pay the exercise price and/or to satisfy tax withholding obligations in connection with employee stock options and/or the vesting of restricted stock issued to employees.
+Added: (1) Includes shares surrendered to the Company to pay the exercise price and/or to satisfy tax withholding obligations in connection with employee stock options and/or the vesting of restricted stock issued to employees.
+Added: (2) Excludes the impact of excise taxes.
(3) As of the last day of the applicable month.
3 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.