1 unchanged sentence
Our common stock is traded on the New York Stock Exchange under the symbol “AROC.” On February 14, 2024, the closing price of our common stock was $16.26 per share.
+Added: Table Archrock, Contents
+Added: Comparison of Five Year Cumulative Total Return
The performance graph below shows the cumulative total stockholder return on our common stock compared with the S&P 500, AMNAX and AMZ indices over the five–year period beginning on December 31, 2018.
1 unchanged sentence
The graph assumes reinvestment of dividends and adjusts all closing prices and dividends for stock splits.
−Removed: Comparison of Five Year Cumulative Total Return
The performance graph shall not be deemed incorporated by reference by any general statement incorporating by reference this 2023 Form 10–K into any filing under the Securities Act of 1933 or 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 those Acts.
−Removed: Table Archrock, Contents
As of February 14, 2024, there were approximately 1,550 holders of record of our common stock.
The actual number of stockholders is greater than this number of record holders and includes stockholders who are beneficial owners but whose shares are held in street name by banks, brokers and other nominees.
+Added: On January 25, 2024, our Board of Directors declared a quarterly dividend of $0.165 per share of common stock, or approximately $25.9 million, which was paid on February 13, 2024 to stockholders of record at the close of business on February 6, 2024.
+Added: Any future determinations to pay cash dividends to our stockholders will be at the discretion of our Board of Directors and will be dependent upon our financial condition, results of operations, and credit and loan agreements in effect at that time and other factors deemed relevant by our Board of Directors.
+Added: We cannot provide assurance that we will declare or pay dividends in any particular amount or at all in the future.
Securities Authorized for Issuance under Equity Compensation Plans
1 unchanged sentence
“Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this 2023 Form 10–K.
+Added: Table Archrock, Contents
Unregistered Sales of Equity Securities and Use of Proceeds
1 unchanged sentence
The following table summarizes our purchases of equity securities during the three months ended December 31, 2023:
−Removed: Number of Shares
+Added: Approximate Dollar
+Added: Value of Shares
Total Number of
5 unchanged sentences
Announced Plans
+Added: (dollars in thousands, except per share amounts)
Purchased (1)
2 unchanged sentences
December 1, 2023 — December 31, 2023
−Removed: (1) Represents shares withheld to satisfy employees’ tax withholding obligations in connection with the vesting of restricted stock awards during the period.
+Added: (1) Represents shares of common stock purchased from employees to satisfy tax withholding obligations in connection with the vesting of restricted stock awards and shares repurchased under the 2023 Share Repurchase Program during the period.
+Added: See Note 17 (“Stockholders’ Equity”) for further details on the 2023 Share Repurchase Program.
+Added: (2) Average price paid per share includes costs associated with the repurchase, as 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.