20 unchanged sentences
However, when including investors holding shares of Common Stock in broker accounts under street name, A&F estimates that there were approximately 34,000 stockholders.
+Added: Abercrombie & Fitch Co.
+Added: 2021 Form 10-K
There were no sales of equity securities during Fiscal 2021 that were not registered under the Securities Act.
2 unchanged sentences
Average price paid per share Total number of shares purchased as part of publicly announced plans or programs (2)
−Removed: Maximum number of shares that may yet be purchased under the plans or programs (3)
−Removed: November 1, 2020 through November 28, 2020 2,720 $ 19.08 — 3,218,058
+Added: Maximum Number of Shares (or Approximate Dollar Value) that May Yet Be Purchased Under the Plans or Programs (3)
+Added: October 31, 2021 through November 27, 2021 1,964 $ 45.36 — $ 500,000,000
November 28, 2021 through January 1, 2022 2,866,256 $ 35.29 2,865,332 $ 398,872,318
1 unchanged sentence
Total 4,059,385 $ 35.02 4,056,497 $ 357,959,371
−Removed: (1) All 6,368 shares of A&F’s Common Stock purchased during the thirteen weeks ended January 30, 2021 were withheld for tax payments due upon the vesting of employee restricted stock units.
−Removed: (2) There were no shares of A&F’s Common Stock repurchased during the thirteen weeks ended January 30, 2021 pursuant to A&F’s publicly announced stock repurchase authorization then in effect.
−Removed: On June 12, 2019, A&F’s Board of Directors authorized the repurchase of 5.0 million shares of A&F’s Common Stock, which was announced on June 12, 2019.
−Removed: As of January 30, 2021, the Company had the authority to repurchase approximately 3.2 million shares under the previously approved June 12, 2019 share repurchase authorization.
−Removed: As announced on March 2, 2021, at a meeting of A&F’s Board of Directors held on February 19, 2021, A&F’s Board of Directors authorized the repurchase of 10.0 million shares of the Company’s Common Stock.
−Removed: This authorization replaced the June 12, 2019 share repurchase authorization (which was terminated), bringing the total number of shares of Common Stock that the Company was authorized to repurchase as of February 19, 2021 to 10.0 million shares.
−Removed: (3) The number shown represents, as of the end of each period, the maximum number of shares of Common Stock that may yet be purchased under A&F’s publicly announced June 12, 2019 stock repurchase authorization then in effect as described in footnote 2 above.
−Removed: In Fiscal 2020, the Company announced that it had temporarily suspended its share repurchase program in order to preserve liquidity and maintain financial flexibility in light of the circumstances surrounding COVID-19.
−Removed: The Company announced on March 2, 2021 that it plans to resume share repurchase activity beginning on or after March 4, 2021.
−Removed: The timing and amount of any future share repurchases will depend on various factors, including market and business conditions.
+Added: (1) An aggregate of 2,888 shares of A&F’s Common Stock purchased during the thirteen weeks ended January 29, 2022 were withheld for tax payments due upon the vesting of employee restricted stock units and exercise of employee stock appreciation rights.
+Added: (2) On November 23, 2021, we announced that the A&F Board of Directors approved a new $500 million share repurchase authorization, replacing the prior 2021 share repurchase authorization of 10.0 million shares, which had approximately 3.9 million shares remaining available
+Added: (3) The number shown represents, as of the end of each period, the approximate dollar value of Common Stock that may yet be purchased under A&F’s publicly announced stock repurchase authorization described in footnote 2 above.
+Added: The shares may be purchased, from time to time depending on business and market conditions.
Dividends are declared at the discretion of A&F’s Board of Directors.
−Removed: A quarterly dividend, of $0.20 per share outstanding, was declared in February for Fiscal 2020 and in each of February, May, August and November in Fiscal 2019.
−Removed: Dividends were paid in March for Fiscal 2020, and in each of March, June, September and December in Fiscal 2019.
−Removed: In order to preserve liquidity and maintain financial flexibility in light of COVID-19, in May 2020, the Company announced that it had temporarily suspended its dividend program.
+Added: In May 2020, the Company announced that it had temporarily suspended its dividend program.
The Company’s dividend program remains suspended.
The Company may in the future review its dividend program to determine, in light of facts and circumstances at that time, whether and when to reinstate.
−Removed: A&F’s Board of Directors reviews and establishes a dividend amount, if any, based on A&F’s financial condition, results of operations, capital requirements, current and projected cash flows, business prospects and other factors, including the potential severity of impacts to the business resulting from COVID-19 and any restrictions under the Company’s agreements related to the Senior Secured Notes and the ABL Facility.
+Added: A&F’s Board of Directors reviews and establishes a dividend amount, if any, based on A&F’s financial condition, results of operations, capital requirements, current and projected cash flows, business prospects and other factors and any restrictions under the Company’s agreements related to the Senior Secured Notes and the ABL Facility.
There can be no assurance that the Company will pay dividends in the future or, if dividends are paid, that they will be in amounts similar to past dividends.
−Removed: Selected Financial Data
−Removed: Information for Item 6, Selected Financial Data is no longer required as the Company has adopted certain provisions within the SEC amendments to Regulation S-K that eliminate Item 301.
+Added: Abercrombie & Fitch Co.
+Added: 2021 Form 10-K
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.