12 unchanged sentences
Our future ability to pay cash dividends on our capital stock is limited by the terms of our senior secured credit facility and may be limited by any future debt instruments or preferred securities.
−Removed: Stock Performance Graph
−Removed: The following shall not be deemed “soliciting material” or deemed “filed” for purposes of Section 18 of the Exchange Act, or subject to Regulation 14A or 14C, other than as provided by this Item 5, or to the liabilities of Section 18 of the Exchange Act, or incorporated by reference into any of our other filings under the Exchange Act or the Securities Act, except to the extent we specifically incorporate it by reference into such filing.
−Removed: The following graph and table compare the cumulative total return on our common stock with that of the S&P 500 Index and the S&P Retail Select Industry Index during each monthly accounting period from September 22, 2021 (the date our common stock began trading on the NYSE) through December 31, 2022.
−Removed: The graph assumes $100 was invested in our common stock, the S&P 500 Index, and the S&P Retail Select Industry Index at the close of market on September 22, 2021, and assumes the reinvestment of any dividends.
−Removed: The returns shown are based on historical results and are not intended to suggest future performance.
−Removed: Company/Index 9/22/2021 12/31/2021 3/31/2022 6/30/2022 9/30/2022 12/31/2022
−Removed: Brands Holding Corp.
+Added: Issuer Purchases of Equity Securities
+Added: On May 25, 2023, the Company’s board of directors approved a share repurchase program (the “Share Repurchase Program”), authorizing the Company to repurchase up to $2 million of shares of the Company’s common stock.
+Added: Subsequently, in 2023, the Company’s board of directors approved an additional repurchase capacity under the Share Repurchase Program of $3.0 million of shares of the Company’s common stock.
+Added: The timing of any repurchases by the Company and the actual number of shares repurchased are at the Company’s discretion, and, in deciding when to repurchase shares and the amount of shares to repurchase, the Company will consider available liquidity, general market and economic conditions, alternate uses for the capital and other factors.
+Added: Share repurchases may be made from time to time through a Rule 10b5-1 trading plan, open market transactions, block trades or in private transactions in accordance with applicable securities laws and regulations and other legal requirements.
+Added: The Share Repurchase Program may be suspended or discontinued at any time and has no expiration date.
+Added: All repurchased shares under the Share Repurchase Program will be retired.
+Added: The following table sets forth our share repurchase activity, on a settlement date basis, for the three months ended December 31, 2023:
+Added: Period Total Number of Shares Purchased 1
+Added: Average Price Paid per Share Total number of shares purchased as part of a publicly announced plan or program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
+Added: October 1, 2023 - October 31, 2023
76,325 $ 5.99 60,913 $ 3.7
−Removed: S&P 500 Index 100.00 105.86 101.00 84.73 80.60 86.69
−Removed: S&P Retail Select Industry Index 100.00 97.02 81.23 62.88 61.32 66.25
−Removed: SELECTED CONSOLIDATED FINANCIAL DATA
−Removed: Not required.
+Added: November 1, 2023 - November 30, 2023
+Added: 53,986 7.71 52,852 3.3
+Added: December 1, 2023 - December 31, 2023
+Added: 44,850 9.74 43,005 2.9
+Added: Total 175,161 156,770
+Added: 1 18,391 of these shares represent shares of common stock surrendered by certain of our employees to satisfy their statutory minimum federal and state tax obligations associated with the vesting of restricted shares of common stock issued under the 2021 Employee Stock Purchase Plan.
+Added: With respect to these surrendered shares, the price paid per share is based on the fair value at the time of surrender.
+Added: 2 Reflects the dollar value of shares that may yet be repurchased under the Share Repurchase Program announced on May 25, 2023.
+Added: The Company’s board of directors initially authorized the repurchase of an aggregate of $2.0 million of shares of common stock pursuant to the Share Repurchase Program.
+Added: On December 18, 2023, the Company announced its board of directors approved an additional repurchase capacity under the Share Repurchase Program of $3.0 million of shares of the Company’s common stock.
+Added: 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.