4 unchanged sentences
The Company maintains a treasury stock buyback program approved by the Board of Directors in October 2021 pursuant to which the Board of Directors has authorized the repurchase of up to 750,000 shares of the Company’s common stock and has no expiration date.
−Removed: The Company repurchased a total of 713,857 shares at an aggregate cost of $30,997,000 during the year ended December 31, 2021 and 162,901 shares at an aggregate cost of $6,825,000 during the year ended December 31, 2020.
+Added: The Company has repurchased 409,293 shares under this treasury stock buyback program and therefore has 340,707 shares remaining for repurchase.
+Added: The Company repurchased a total of 130,374 shares at an aggregate cost of $5.3 million during the year ended December 31, 2022 and 713,857 shares at an aggregate cost of $31.0 million during the year ended December 31, 2021.
A portion of the repurchased shares may be used for the Company’s employee benefit plans and the balance will be available for other general corporate purposes.
2 unchanged sentences
The stock repurchase program may be modified or discontinued at any time.
−Removed: During the three months ended December 31, 2021, the Company repurchased a total of 278,919 shares of its common stock pursuant to its treasury stock buyback program, as follows:
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs 1
−Removed: Maximum Number of Shares that May Yet
−Removed: Be Purchased Under the Plans or Programs
−Removed: October 1, 2021 –
−Removed: October 31, 2021 28,443 42.25 28,443 721,557
−Removed: November 1, 2021 –
−Removed: November 30, 2021 135,022 44.81 135,022 586,535
−Removed: December 1, 2021 –
−Removed: December 31, 2021 115,454 $ 41.50 115,454 471,081
−Removed: Total 278,919 $ 43.10 278,919 471,081
−Removed: (1) All repurchases made during the quarter ended December 31, 2021 were made pursuant to the treasury stock buyback program, authorized by the Board of Directors on October 19, 2021 and announced by the Company on October 21, 2021.
−Removed: The program provides that the Company may repurchase up to an aggregate of 750,000 shares of common stock and has no expiration date.
+Added: During the three months ended December 31, 2022, the Company did not repurchase any shares of its common stock pursuant to its treasury stock buyback program.
Performance Quoted on The Nasdaq Stock Market for the Last Five Fiscal Years
−Removed: The following graph compares the cumulative total returns over the last five fiscal years of a hypothetical investment of $100 in shares of common stock of the Company with a hypothetical investment of $100 in The Nasdaq Stock Market
−Removed: (“Nasdaq”), the index of Nasdaq computer and data processing stocks, and the index of Nasdaq bank stocks.
+Added: The following graph compares the cumulative total returns over the last five fiscal years of a hypothetical investment of $100 in shares of common stock of the Company with a hypothetical investment of $100 in The Nasdaq Stock Market (“Nasdaq”), the index of Nasdaq computer and data processing stocks, and the index of Nasdaq bank stocks.
The graph assumes $100 was invested on December 31, 2017, with dividends reinvested.
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.