1 unchanged sentence
In May 2018, our board of directors approved a stock repurchase program, which does not have an expiration date, for the repurchase of up to $7.5 million of our common stock.
−Removed: The repurchase program has been suspended temporarily since February 2020 to February 2021.
−Removed: During the third quarter of fiscal 2021, our Board of Directors voted to re-instate our stock repurchase program and repurchased 8,300 shares of our common stock in the open market for an aggregate purchase price, including commissions, of $0.5 million.
+Added: During the first quarter of fiscal 2022, we repurchased 22,543 shares of our common stock in the open market for an aggregate purchase price, including commissions, of $0.7 million.
These shares were recorded as treasury stock and we do not anticipate retiring them.
−Removed: Treasury stock did not participate in the two-for-one stock split in the form of a stock dividend paid on April 7, 2021.
−Removed: As of April 2, 2021, $3.0 million remained available under our stock repurchase program.
−Removed: Following is a summary of stock repurchases for the three months ended April 2, 2021:
+Added: As of October 1, 2021, $1.9 million remained available under our stock repurchase program.
+Added: Following is a summary of stock repurchases for the three months ended October 1, 2021:
Period Total Number of Shares Repurchased Average Price Paid per Share Total Number of Shares Repurchased as Part of Publicly Announced Program Approximate Dollar Value of Shares that May Yet be Repurchased Under the Program (1)
(in thousands)
−Removed: January 2, 2021 through January 29,2021 — $ — — $ 3,414
−Removed: January 30, 2021 through February 26, 2021 2,100 $ 59.80 2,100 $ 3,288
−Removed: February 27, 2021 through April 2, 2021 6,200 $ 53.68 6,200 $ 2,956
−Removed: (1) Stock Repurchase Programs
+Added: July 3, 2021 through July 30, 2021 8,643 $ 29.19 8,643 $ 2,375
+Added: July 31, 2021 through August 24, 2021 — — $ 2,375
+Added: August 25, 2021 through October 1, 2021 13,900 $ 33.07 13,900 $ 1,915
+Added: (1) In May 2018, our Board of Directors approved a stock repurchase program, which does not have an expiration date, for the repurchase of up to $7.5 million of our common stock.
Defaults Upon Senior Securities
3 unchanged sentences
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.