−Removed: MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information for Our Common Stock
−Removed: Effective November 9, 2020, we changed our name to Bally’s Corporation and commenced trading our common stock on the NYSE under the symbol “BALY.” Previously, our common stock was traded on the NYSE under the symbol “TRWH” from March 29, 2019 until November 9, 2020.
−Removed: Prior to March 29, 2019, there was no public market for our common stock.
−Removed: The declaration, amount and payment of dividends on shares common stock are at the discretion of the Board, subject to legally available funds.
+Added: Our common stock is listed on the NYSE under the symbol “BALY.”
Stock Performance Graph
2 unchanged sentences
The performance graph below compares the cumulative total return on our common stock to the cumulative total return of the Standard & Poor’s 500 Stock Index (“S&P 500”) and the Dow Jones US Gambling Index.
−Removed: The performance graph assumes that $100 was invested on March 29, 2019 in each of our common stock, the S&P 500 and the Dow Jones Gambling Index, and that all dividends were reinvested.
+Added: The performance graph assumes that $100 was invested on March 29, 2019 in each of our common stock, the S&P 500 and the Dow Jones US Gambling Index, and that all dividends were reinvested.
The stock price performance shown in this graph is neither necessarily indicative of, nor intended to suggest, future stock price performance.
10 unchanged sentences
In February 2020, the Board declared a dividend of $0.10 per share of common stock to holders of record as of March 6, 2020 to be paid on March 20, 2020.
−Removed: In connection with the COVID-19 pandemic and a related amendment to our Credit Facility, we ceased paying dividends.
−Removed: We do not currently intend to pay any dividends on our common stock in the foreseeable future.
−Removed: Any future determinations relating to our dividend policies will be made at the discretion of our Board and will depend on conditions then existing, including our financial condition, results of operations, contractual restrictions, capital and regulatory requirements and other factors our Board may deem relevant.
−Removed: In connection with the COVID-19 pandemic and a related amendment to our Credit Facility, we ceased paying dividends.
+Added: In connection with the COVID-19 pandemic and a related amendment to our prior credit facility, we ceased paying dividends.
We do not currently intend to pay any dividends on our common stock in the foreseeable future.
3 unchanged sentences
On June 14, 2019, we announced that the Board approved a capital return program (the “Capital Return Program”) under which we may expend a total of up to $250 million for a share repurchase program and payment of dividends.
−Removed: On February 10, 2020, the Board approved an additional $100 million for stock repurchases and payment of dividends.
+Added: On February 10, 2020 and October 4, 2021, the Board approved an additional $100 million and $350 million for stock repurchases and payment of dividends, respectively.
Share repurchases may be effected in various ways, which could include open-market or private repurchase transactions, accelerated share repurchase programs, tender offers or other transactions.
1 unchanged sentence
There is no fixed time period to complete the capital returns.
−Removed: However, we are not permitted to declare or pay dividends on our common stock or make other restricted payments (including repurchases of shares of our common stock), complete investments or acquisitions (other than those previously announced or to which the lenders consent) during the Leverage Ratio Covenant Relief Period (as defined below).
−Removed: We have not repurchased any of our common stock for the quarter ended December 31, 2020 and for the year ended December 31, 2020 we repurchased 1,812,393 shares under the Capital Return Program .
−Removed: SELECTED FINANCIAL DATA
−Removed: Part II, Item 6 is no longer required as the Company has adopted provisions within the amendments to Regulation S-K that eliminate Item 301.
+Added: The following table provides information about share repurchases made by the Company of its common stock during the quarter ended December 31, 2021 (in thousands, except Average Price Paid per Share):
+Added: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet be Purchased Under the Plans or Programs
+Added: October 1, 2021 - October 31, 2021 — $ — — $ 434,948
+Added: November 1, 2021 - November 30, 2021 942 43.32 942 394,153
+Added: December 1, 2021 - December 31, 2021 1,247 37.08 1,247 347,923
+Added: 2,189 $ 39.76 (a)
+Added: 2,189 $ 347,923
+Added: __________________________________
+Added: (a) Weighted-average.
+Added: Changes to Authorized Shares
+Added: On May 18, 2021, following receipt of required shareholder approvals, the Company amended its Certificate of Incorporation to increase the number of authorized shares of common stock from 100 million to 200 million, and authorize the issuance of up to 10 million shares of preferred stock.
+Added: As of December 31, 2021, no shares of preferred stock have been issued.
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.