3 unchanged sentences
On August 6, 2020, the Board approved a program authorizing the repurchase of up to ten million shares of our common stock through August 6, 2025 (the “2020 Program”).
+Added: On August 2, 2024, the Board authorized (i) an increase in its 2020 Program pursuant to which the Company may purchase up to an additional five million shares of the Company’s common stock (the “Additional Authorization”) and (ii) an extension of the expiration date of the share repurchase program from August 6, 2025 to August 2, 2029.
+Added: As a result of the Additional Authorization, the aggregate number of shares of the Company’s common stock under the 2020 Program increased from up to ten million shares to up to 15 million shares of the Company’s common stock.
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 ended June 30, 2024, 1,500,000 shares were repurchased under the 2020 Program.
See Note 10 — Stockholders’ Equity in Item 1 of Part I of this Quarterly Report on Form 10-Q.
−Removed: Cumulatively, as of June 30, 2024, the Company repurchased 6,758,692 shares, under the 2020 Program, at an aggregate cost of $486.7 million (including excise tax), which were subsequently retired.
+Added: Cumulatively, as of September 30, 2024, the Company repurchased 8,758,692 shares, under the 2020 Program, at an aggregate cost of $583.6 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.
−Removed: As a result of the Company’s share repurchases, as of June 30, 2024, the number of shares of the Company’s common stock available for purchase under the 2020 Program was 3,241,308 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, 2024:
+Added: As a result of the Company’s share repurchases, as of September 30, 2024, the number of shares of the Company’s common stock available for purchase under the 2020 Program was 6,241,308 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, 2024:
Period Total Number of Shares
6 unchanged sentences
Purchased Under the Plans or Program (3)
−Removed: April 1, 2024 - April 30, 2024 266 $ 66.77 — 4,741,308
−Removed: May 1, 2024 - May 31, 2024 728,225 $ 56.21 727,138 4,014,170
−Removed: June 1, 2024 - June 30, 2024 772,862 $ 55.89 772,862 3,241,308
+Added: July 1, 2024 - July 31, 2024 — $ — — 3,241,308
+Added: August 1, 2024 - August 31, 2024 869,718 $ 46.32 868,669 7,372,639
+Added: September 1, 2024 - September 30, 2024 1,132,746 $ 49.25 1,131,331 6,241,308
Total 2,002,464 2,000,000 6,241,308
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.