1 unchanged sentence
The Company’s common stock is listed on the Nasdaq Global Market (Symbol:
−Removed: As of March 16, 2022, there were 4,946 shareholders of record.
−Removed: On March 22, 2022, the Company’s board of directors declared an annual cash dividend of $0.02 per share of common stock that is payable to shareholders of record as of the close of business on
−Removed: April 13, 2022.
−Removed: Payment of any dividends in the future will be at the discretion of the Company’s board of directors and will depend upon the financial condition, capital requirements, and earnings of the Company, as well as any restrictions
−Removed: contained in any agreements by which the Company is bound and other factors as the board of directors may deem relevant.
−Removed: The Company’s primary recurring source of cash for the payment of dividends is dividends from its subsidiaries;
−Removed: although as of
−Removed: December 31, 2021, the Parent held unrestricted cash and investment balances of approximately $4.5 million.
−Removed: Under the insurance code of the state in which each insurance subsidiary is domiciled, dividend payments to the Company by its insurance
−Removed: subsidiaries are subject to certain limitations, including prior notice to, or approval by, the state insurance commissioners if such dividends are in excess of specified amounts.
−Removed: In 2021, dividend payments to the Parent by the insurance
−Removed: subsidiaries in excess of $5.6 million would require prior approval.
+Added: As of June 12, 2023, there were 4,467 shareholders of record.
+Added: From time to time, the Company’s board of directors may declare dividends on the Company’s common stock.
+Added: Payment of any dividends will be at the discretion of the Company’s board of directors and will depend upon the financial condition, capital requirements, and earnings of the Company,
+Added: as well as any restrictions contained in any agreements by which the Company is bound and other factors as the board of directors may deem relevant.
+Added: The Company’s primary recurring source of cash for the payment of dividends is dividends from its
+Added: subsidiaries;
+Added: although as of December 31, 2022, the Parent held unrestricted cash and investment balances of approximately $5.0 million.
+Added: Under the insurance code of the state in which each insurance subsidiary is domiciled, dividend payments to
+Added: the Parent by its insurance subsidiaries are subject to certain limitations, including prior notice to, or approval by, the state insurance commissioners if such dividends are in excess of specified amounts.
+Added: In 2022, dividend payments to the
+Added: Parent by the insurance subsidiaries in excess of $8.7 million would require prior approval.
+Added: Pending the filing of this Form 10-K, the Company has not declared and paid
+Added: an annual dividend during 2023.
Issuer Purchases of Equity Securities
18 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.