Skip to main content

COMMVAULT SYSTEMS INC

For the period ended Sep 30, 2024. Filed Oct 30, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 30, 2024

CVLT$158.36+0.5%Stored close · as of Nov 6, 2026

What changed in Risk Factors?

Read the current filing

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 11 previous paragraphs and 9 current paragraphs.

8 unchanged; 1 reworded; 0 added; 2 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Removed paragraphs (2)

Previous report

Issuance of Unregistered Equity Securities

Previous report

During the three months ended June 30, 2024, the Company issued approximately 50,000 unregistered shares of its common stock, valued at $4.9 million, as part of the total consideration paid for the acquisition of Appranix, Inc. The shares of common stock were issued to the former owner of Appranix in reliance on the exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended. See Note 4 for further details of the acquisition.
Reworded paragraphs (1)

Previous wording

On April 18, 2024, the Board approved an increase of the existing share repurchase program so that $250.0 million was available. The Board's authorization has no expiration date. During the three months ended June 30, 2024, we repurchased $51.4 million of common stock, or approximately 0.5 million shares, under our share repurchase program. As of June 30, 2024, the remaining amount available under the current authorization was $205.1 million. A summary of our repurchases of common stock is as follows:

Current wording

On April 18, 2024, the Board approved an increase of the existing share repurchase program so that $250.0 million was available. The Board's authorization has no expiration date. During the three months ended September 30, 2024, we repurchased $51.9 million of common stock, or approximately 0.4 million shares, under our share repurchase program. As of September 30, 2024, the remaining amount available under the current authorization was $153.2 million. A summary of our repurchases of common stock is as follows: