2 unchanged sentences
We have two authorized and outstanding classes of equity securities:
−Removed: Class A common stock, $.001 par value, and Class B common stock, $.001 par value.
+Added: Class A common stock, $.001 par value per share, and Class B common stock, $.001 par value per share.
The only difference between the Class A and Class B common stock is that Class A is entitled to one vote per share and Class B is entitled to ten votes per share.
1 unchanged sentence
Our Class A common stock trades on the NASDAQ Global Market under the symbol “BBGI.” There is no established public trading market for our Class B common stock.
−Removed: As of March 17, 2023, there were approximately 137 holders of record of our Class A common stock and 21 holders of record of our Class B common stock.
+Added: As of February 6, 2024, there were approximately 139 holders of record of our Class A common stock and 24 holders of record of our Class B common stock.
The number of holders of Class A common stock does not count separately the number of beneficial holders whose shares are held of record by a broker or clearing agency.
−Removed: In response to the COVID-19 pandemic, our board of directors has suspended future quarterly dividend payments until it is determined that resumption of dividend payments is in the best interest of the Company’s stockholders.
+Added: Our board of directors has suspended future quarterly dividend payments until it is determined that resumption of dividend payments is in the best interest of the Company’s stockholders.
In addition, the Indenture governing our Notes limits our ability to pay dividends.
1 unchanged sentence
The following table presents information with respect to purchases we made of our Class A common stock during the three months ended December 31, 2023.
−Removed: Average Price
+Added: Total Number of Shares Purchased
+Added: Average Price Paid per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Program
+Added: Approximate Dollar Value That May Yet Be Purchased Under the Program
October 1 – 31, 2023
5 unchanged sentences
Our stockholders approved an amendment to the 2007 Plan at the Annual Meeting of Stockholders on June 8, 2017 to, among other things, extend the term of the 2007 Plan until March 27, 2027.
−Removed: The 2007 Plan permits us to purchase sufficient shares to fund withholding taxes in connection with the vesting of restricted stock units and shares of restricted stock.
+Added: The 2007 Plan permits us to purchase sufficient shares to fund withholding taxes in connection with the vesting of restricted stock units.
All shares purchased during the three months ended December 31, 2023 were purchased to fund withholding taxes in connection with the vesting of restricted stock units.
−Removed: Index to Financial Statements
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.