10 unchanged sentences
Total 656,161 $ 27.44 656,161 $ 85,856
+Added: _______________
(1) On November 1, 2022, the Company announced authorization to repurchase up to $75 million of its common shares.
The authorization has no expiration date.
−Removed: Subsequent to year end, the Company purchased 253,689 shares at an average price of $24.13 through January 31, 2023.
+Added: In August 2023, we also announced a new share repurchase authorization which allows for the purchase of an additional $100 million of EHI common stock (also with no expiration date).
+Added: Subsequent to year end, the Company purchased 133,307 shares at an average price of $27.75 per share through January 31, 2024.
Stock Performance Graph
The graph below compares the cumulative total stockholder return of an investment in (i) our common shares, (ii) the Russell 2000 Index, (iii) the S&P 500 and (iv) a composite peer group consisting of Essent Group Ltd., MGIC Investment Corporation, NMI Holdings, Inc., and Radian Group Inc, for the period from September 16, 2021 (the date our common shares commenced trading on the Nasdaq Stock Market) through December 31, 2023.
−Removed: We selected the members of this peer group because each is a competitor of ours in the private mortgage insurance industry.
−Removed: For the December 2022 Annual Report, we removed Arch Capital Group Ltd.
−Removed: from our peer listing due to the more differentiated nature of their business and outsized market capitalization in relation to the remainder of the peer list.
−Removed: September 16, 2021 December 31, 2021 December 31, 2022
+Added: We selected the members of this peer group because each is a competitor of ours in the private mortgage insurance industry with a relatively similar market capitalization.
+Added: September 16, 2021 December 31, 2021 December 31, 2022 December 31, 2023
Enact Holdings, Inc.
2 unchanged sentences
S&P 500 $100.00 $106.54 $85.82 $106.62
−Removed: Peer Group (Old) $100.00 $106.12 $127.29
−Removed: Peer Group (New) $100.00 $98.97 $90.52
−Removed: During the first quarter of 2022, we announced that our Board of Directors has approved the initiation of a dividend program under which the Company intends to pay a quarterly cash dividend.
−Removed: The inaugural quarterly dividend of $0.14 per share was paid in the second quarter of 2022, followed by payments of regular dividends of $0.14 per share in the third and fourth quarters of 2022 as well.
−Removed: In the fourth quarter of 2022, we also paid a special cash dividend of $1.12 per share.
+Added: Peer Group $100.00 $98.97 $90.52 $133.21
+Added: During the first quarter of 2022, we announced that our Board of Directors approved the initiation of a dividend program under which the Company intends to pay a quarterly cash dividend.
+Added: The inaugural quarterly dividend of $0.14 per share was paid in the second quarter of 2022, followed by payments of regular dividends of $0.14 per share in each quarter through the first quarter of 2023.
+Added: In the second quarter of 2023, the regular dividend increased to $0.16 per share.
+Added: In addition to our regular dividends, we paid special cash dividends of $0.71 per share during the fourth quarter of 2023 and $1.12 per share during the fourth quarter of 2022.
+Added: In February of 2024, we announced our first quarter dividend of $0.16 per share.
See “Item 7—Management’s Discussion and Analysis of Financial Condition and Results of Operations” for additional information on dividends.
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.