5 unchanged sentences
The Company’s cash dividend payout policy is reviewed regularly by management and the Board of Directors.
−Removed: Any dividends declared and paid in the future would depend upon a
−Removed: number of factors, including capital requirements, our financial condition and results of operations, tax considerations, statutory and regulatory limitations, and general economic conditions.
+Added: Any dividends declared and paid in the future would depend upon a number of factors, including capital requirements, our financial condition and results of operations, tax considerations, statutory and regulatory limitations, and general economic conditions.
Management’s current projections indicate an expectation that the regular quarterly cash dividends will continue for the foreseeable future.
No assurances can be given that any dividends will be paid or that, if paid, will not be reduced or eliminated in future periods.
−Removed: Our future payment of dividends may depend, in part, upon receipt of dividends from the Bank, which are restricted by federal regulations.
+Added: Our future payment of dividends may depend, in part, upon receipt of dividends from the Bank, which are restricted by regulations.
Stock Repurchases.
15 unchanged sentences
December 1, 2024 - December 31, 2024
−Removed: (1) On August 2023, the Company announced that its Board of Directors approved its eighth stock repurchase program, which commenced in August 2023 following the expiration of the seventh stock repurchase program, authorizing the Company to repurchase up to five percent of the BayCom’s common stock, or approximately 588,000 shares.
−Removed: The existing stock repurchase program will expire on October 24, 2024, unless sooner completed.
+Added: (1) In May 2024, the Company announced that its Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to five percent of BayCom’s common stock, or approximately 560,000 shares.
+Added: The repurchase program will expire on April 21, 2025, unless sooner completed.
The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate.
The repurchase program does not obligate the Company to purchase any particular number of shares.
−Removed: During the year ended December 31, 2023, the Company purchased a total of 1,329,040 shares of the Company’s common stock at an average price of $18.14 per share, compared to 905,740 shares at an average price of $19.83 per share during the year ended December 31, 2022.
+Added: During the year ended December 31, 2024, the Company repurchased a total of 455,654 shares of the Company’s common stock at an average price of $20.31 per share, compared to 1,329,040 shares at an average price of $18.14 per share during the year ended December 31, 2023.
Equity Compensation Plan Information.
1 unchanged sentence
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.