3 unchanged sentences
On January 31, 2022, the number of common stockholders of record was approximately 300.
+Added: This does not include stockholders whose shares are held in "street name"
+Added: through brokers or other nominees.
Dividend Policy
−Removed: We have not declared or paid any cash dividends on our capital stock in our history as a public company.
−Removed: However, on December 15, 2020, our Board of Directors ("the Board") approved the initiation of a cash dividend program under which we intend to pay a regular quarterly dividend of $0.10 per share, starting in the first quarter of 2021.
−Removed: On February 1, 2021, the Board declared a quarterly dividend of $0.10 per share payable to shareholders of record as of February 22, 2021.
−Removed: Future dividend payments are subject to approval by the Board.
+Added: In December 2020, the Board of Directors ("the Board") approved a dividend program, pursuant to which we intend to pay a regular quarterly cash dividend of $0.10 per share of capital stock.
+Added: In March 2021, we paid the first quarterly cash dividend since our inception as a public company.
+Added: During the year ended December 31, 2021, we paid cash dividends totaling $15.4 million.
+Added: Future dividend payments are subject to the Board's approval.
Purchases of Equity Securities by the Issuer
−Removed: In September 2015, the Board authorized a program to repurchase up to $150.0 million of our stock over a thirty-month period.
−Removed: In November 2017, the Board approved an extension of the share repurchase program to December 2019 from its original maturity of March 2018.
−Removed: I n May 2018, the Board approved a $50 million increase in the repurchase authorization.
−Removed: On December 18, 2019, the Board authorized to remove the expiration date from the repurchase program and increased the balance available for stock repurchase by $25.1 million.
−Removed: As of December 31, 2020, the Company was authorized to repurchase shares of the Company’s common stock of up to a total of $38.4 million.
−Removed: The following table summarizes the stock repurchase activity for the three months ended December 31, 2020 (in thousands, except per share amount):
−Removed: Part of Publicly Announced
−Removed: (in thousands, except per share amount)
−Removed: October 1, 2020 - October 31, 2020
−Removed: November 1, 2020 - November 30, 2020
−Removed: December 1, 2020 - December 31, 2020
−Removed: In order to execute the repurchase of shares of our common stock, the Company periodically enters into stock repurchase agreements.
−Removed: All shares repurchased were executed in the open market, and no shares were repurchased from related parties.
−Removed: Repurchased shares are retired and assumed the status of authorized and unissued shares.
−Removed: Accordingly, the associated cost of the repurchased shares was recognized as a reduction to additional paid-in capital.
+Added: The following table summarizes actions by our Board of Directors in relation to the stock repurchase program:
+Added: September 2015
+Added: Authorized a program to repurchase up to $150.0 million of our common stock
+Added: Approved a $50.0 million increase in the repurchase program
+Added: December 2019
+Added: Authorized the removal of the expiration date and increased the balance available for the repurchase program by $25.1 million
+Added: Approved an increase to the repurchase program, which authorized the Company to repurchase up to $200.0 million with no time limitation
+Added: To execute the repurchase of shares of our common stock, we periodically enter into stock repurchase agreements.
+Added: The following table summarizes these repurchases during the year ended December 31, 2021:
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
+Added: (in thousands, except price per share data)
+Added: First quarter
+Added: Second quarter
+Added: Third quarter
+Added: Fourth quarter
Performance Graph
−Removed: The performance graph below shows the five-year cumulative total stockholder return on our common stock in comparison with various other indices during the period from December 31, 2015 through December 31, 2020.
−Removed: The comparison assumes $100 was invested on December 31, 2015 in Advanced Energy common stock and in each of the indices and assumes reinvestment of dividends, if any.
+Added: The performance graph below shows the five-year cumulative total stockholder return on our common stock in comparison to certain other indices during the period from December 31, 2016 through December 31, 2021.
+Added: The comparison assumes $100 invested on December 31, 2016 in Advanced Energy common stock and in each of the indices and assumes reinvestment of dividends, if any.
Dollar amounts in the graph are rounded to the nearest whole dollar.
The performance shown in the graph represents past performance and should not be considered an indication of future performance.
−Removed: $100 invested on December 31, 2015 in our stock or index, including reinvestment of dividends.
−Removed: Indices and our stock performance are calculated on a calendar year-end basis.
Advanced Energy Industries, Inc.
NASDAQ Composite
−Removed: RDG Semiconductor Composite
+Added: Dow Jones US Electrical Components & Equipment
Information relating to compensation plans under which our equity securities are authorized for issuance is set forth in Part III, Item 12 "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters"
of this Annual Report on Form 10-K.
−Removed: SELECTED FINANCIAL DATA
Not applicable.
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.