Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
−Removed: Our common stock is traded on the New York Stock Exchange under the symbol “BDC.” As of February 6, 2020, there were 246 record holders of common stock of Belden Inc.
+Added: Our common stock is traded on the New York Stock Exchange under the symbol “BDC.” As of February 11, 2021, there were 235 rec ord holders of common stock of Belden Inc.
On November 29, 2018, our Board of Directors authorized a share repurchase program, which allowed us to purchase up to $300.0 million of our common stock through open market repurchases, negotiated transactions, or other means, in accordance with applicable securities laws and other restrictions.
This program was funded with cash on hand and cash flows from operating activities.
−Removed: During the fourth quarter of 2019, we did not repurchase any shares of our common stock under the program.
−Removed: During the year ended December 31, 2019 and since the inception of this program, we have repurchased a total of 0.9 million shares of our common stock under the program for an aggregate cost of $50.0 million and an average price per share of $56.19 .
+Added: During 2020, we repurchased 1.0 million shares of our common stock under the share repurchase program for an aggregate cost of $35.0 million at an average price per s hare of $35.83.
+Added: Since the inception of this program, we have repurchased a total of 1.9 million shares of our common stock under the program for an aggregate cost of $85.0 million and an average price per share of $45.54.
Stock Performance Graph
8 unchanged sentences
Company Name / Index 2016 2017 2018 2019 2020
+Added: 57.3 % 3.5 % (45.7) % 32.1 % (23.4) %
S&P 500 Index 12.0 % 21.8 % (4.4) % 31.5 % 18.4 %
2 unchanged sentences
Years Ended December 31,
−Removed: Company Name / Index
+Added: Company Name / Index Base Period
+Added: 2015 2016 2017 2018 2019 2020
+Added: $ 100.00 $ 157.30 $ 162.78 $ 88.39 $ 116.81 $ 89.48
S&P 500 Index 100.00 111.96 136.40 130.42 171.49 203.04
1 unchanged sentence
Selected Financial Data
−Removed: Years Ended December 31,
−Removed: (In thousands, except per share amounts and percentages)
−Removed: Balance sheet data:
−Removed: Long-term debt
−Removed: Total stockholders’ equity
−Removed: Statement of operations data:
−Removed: Operating income
−Removed: Operating income margin
−Removed: Income from continuing operations
−Removed: Basic income per share from continuing operations attributable to Belden common stockholders
−Removed: Diluted income per share from continuing operations attributable to Belden common stockholders
−Removed: Basic weighted average common shares outstanding
−Removed: Diluted weighted average common shares outstanding
−Removed: Dividends per common share
−Removed: Statement of cash flow data:
−Removed: Net cash provided by operating activities
−Removed: The following table is a Non-GAAP Reconciliation of free cash flow.
−Removed: Years ended December 31,
−Removed: (In thousands)
−Removed: Net cash provided by operating activities
−Removed: Capital expenditures, net of proceeds from the disposal of tangible assets
−Removed: Free cash flow (1)
−Removed: We define free cash flow, which is a non-GAAP financial measure, as net cash from operating activities adjusted for capital expenditures net of the proceeds from the disposal of tangible assets.
−Removed: We believe free cash flow provides useful information to investors regarding our ability to generate cash from business operations that is available for acquisitions and other investments, service of debt principal, dividends and share repurchases.
−Removed: We use free cash flow, as defined, as one financial measure to monitor and evaluate performance and liquidity.
−Removed: Non-GAAP financial measures should be considered only in conjunction with financial measures reported according to accounting principles generally accepted in the United States.
−Removed: Our definition of free cash flow may differ from definitions used by other companies.
+Added: Not 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.