1 unchanged sentence
Unregistered Sales of Equity Securities
+Added: On July 31, 2023, the Company entered into an agreement to purchase $25.0 million of equity of Xyla, Inc.
+Added: (“Xyla”) for a minority ownership stake.
+Added: This minority investment was made in the form of cash and 186,102 shares of the Company’s common stock.
+Added: The shares of the Company’s common stock issued as part of this transaction were issued pursuant to exemption from registration contained in section 4(a)(2) of the Securities Act of 1933.
Issuer Purchases of Equity Securities
1 unchanged sentence
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 June 30, 2023, 980,418 shares were repurchased under the 2020 Program.
−Removed: 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.
+Added: During the three months September 30, 2023, 605,428 shares were repurchased under the 2020 Program.
+Added: Cumulatively, as of September 30, 2023, the Company repurchased 5,258,692 shares, under the 2020 Program, at an aggregate cost of $401.8 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, 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.
−Removed: 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:
+Added: As a result of the Company’s share repurchases, as of September 30, 2023, the number of shares of the Company’s common stock available for purchase under the 2020 Program was 4,741,308 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 September 30, 2023:
Period Total Number of Shares
6 unchanged sentences
Purchased Under the Plans or Program (3)
−Removed: April 1, 2023 - April 30, 2023 534 $ 67.73 — 6,327,154
−Removed: May 1, 2023 - May 31, 2023 375,221 $ 62.00 370,532 5,956,622
−Removed: June 1, 2023 - June 30, 2023 609,886 $ 66.11 609,886 5,346,736
+Added: July 1, 2023 - July 31, 2023 105,428 $ 70.59 105,428 5,241,308
+Added: August 1, 2023 - August 31, 2023 95,948 $ 67.41 93,674 5,147,634
+Added: September 1, 2023 - September 30, 2023 413,531 $ 67.25 406,326 4,741,308
Total 614,907 605,428 4,741,308
6 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.