20 unchanged sentences
Equity compensation plans approved by security holders (1)
−Removed: 28,000 $ 245.54 485,686
+Added: — N/A 347,928
(1) There are no securities to be issued under any equity compensation plans not approved by our security holders.
−Removed: (2) The shares shown as to be issued under equity compensation plans exclude 573,560 shares of unvested restricted stock awards as all restricted stock awards are deemed to have been issued.
+Added: (2) The shares shown as available for future issuance under equity compensation plans exclude 362,378 shares of unvested restricted stock awards as all restricted stock awards are deemed to have been issued.
(3) Our 2022 Long-Term Incentive Plan applies a fungible ratio such that a full-value award, such as a restricted stock grant or restricted stock unit grant, will be counted at two times its number for purposes of the plan limit.
6 unchanged sentences
Our board established the annual dividend rate at $2.40 per share and dividends of $0.60 per share per quarter were declared, and paid, in the third and fourth quarters, bringing total regular cash dividends declared, and paid, in 2023 to $1.20 per share.
+Added: In 2024, the quarterly dividend of $0.60 per share was paid during the first and second quarters, until the dividend was suspended on July 8, 2024, for an indefinite period of time, bringing the total regular cash dividends declared, and paid, in 2024 to $1.20 per share.
Certain of our credit agreements limit the amount of dividends we may pay.
The most restrictive agreement provides that absent an event of default, regularly scheduled dividends in any four-quarter period may be paid up to the lesser of $75.0 million or 20 percent of our consolidated EBITDA (as defined in the agreement) for the previous four-quarter period.
−Removed: Absent an event of default, this restriction does not constrain the continued payment of a quarterly dividend at the current level.
+Added: Absent an event of default, this restriction would not constrain the continued payment of a quarterly dividend at the levels paid in 2023 and 2024.
Our Repurchases of Equity Securities
3 unchanged sentences
October 12,606 $ 60.54 None
−Removed: November 181,693 64.98 162,115
−Removed: December 10,427 70.95 29,386
−Removed: Total 201,316 $ 65.70 191,501 $ 75,697
−Removed: (1) Includes shares repurchased from employees who vested a portion of their restricted stock grants.
+Added: November 142 73.72 None
+Added: December 913 79.90 None
+Added: Total 13,661 $ 61.97 None $ 75,697
+Added: (1) Represents shares repurchased from employees who vested a portion of their restricted stock grants.
These share repurchases were made at the election of each employee pursuant to an offer to repurchase by us.
5 unchanged sentences
Stock price performance for the historical periods presented is not necessarily indicative of future results.
−Removed: The stock price performance graph shall not be deemed incorporated by reference by any general statement incorporating by reference this annual report on Form 10-K into any filing under the Securities Act of 1933 or under the Securities Exchange Act of 1934, except to the extent that we specifically incorporate this information by reference, and shall not otherwise be deemed filed under such Acts.
+Added: The stock price performance graph shall not be deemed incorporated by reference by any general statement incorporating by reference this annual report on Form 10-K into any filing under the Securities Act of 1933 or under the Securities Exchange Act of
+Added: 1934, except to the extent that we specifically incorporate this information by reference, and shall not otherwise be deemed filed under such Acts.
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.