10 unchanged sentences
Various statutory provisions restrict the amount of dividends that the Bank can pay without regulatory approval.
+Added: Repurchases of Common Stock
+Added: On July 25, 2022, the Company announced a stock repurchase program.
+Added: Under the program, the Company is authorized to repurchase up to $10.0 million of its outstanding common stock, or 500,000 shares of Common Stock, par value $0.01 per share (“Common Stock”).
+Added: On April 13, 2023, the Company announced approval of up to an additional $5.0 million or 175,000 shares of Common Stock incremental to the July 2022 announcement.
+Added: In connection with the acquisition of IFH, the Company temporarily suspended repurchases under its stock program during the first quarter of 2024.
+Added: The Company repurchased 543,215 shares of Common Stock under the stock repurchase program, which expired on December 31, 2024.
+Added: During the three months ended December 31, 2024, the Company did not repurchase any Common Stock under the stock repurchase program.
+Added: On February 21, 2025, the Company announced a new stock repurchase program.
+Added: Under the new stock repurchase program, the Company is authorized to repurchase up to $15 million of its Common Stock, or an aggregate of 483,559 shares of Common Stock.
+Added: The new stock repurchase program will expire on February 28, 2026, but may be limited or terminated at any time without prior notice.
Equity Compensation Plan Information
3 unchanged sentences
Capital Bancorp, Inc.
−Removed: 2017 Stock and Incentive Compensation Plan 550,718 $ 19.21 792,846
+Added: Amended and Restated 2017 Stock and Incentive Compensation Plan 614,360 $ 21.02 446,794
Equity compensation plans not approved by security holders — — —
614,360 $ 21.02 446,794
−Removed: Unregistered Sales and Issuer Repurchases of Common Stock
+Added: Unregistered Sales of Common Stock
There were no unregistered sales of the Company’s stock during the year ended December 31, 2024.
−Removed: On July 25, 2022, the Company announced a new stock repurchase program.
−Removed: Under the new program, the Company is authorized to repurchase up to $10.0 million of its outstanding common stock, or 500,000 shares of Common Stock, par value $0.01 per share (“Common Stock”).
−Removed: On April 13, 2023, the Company announced approval of up to an additional $5.0 million or 175,000 shares of Common Stock incremental to the July 2022 announcement.
−Removed: The program will expire on December 31, 2024.
−Removed: There were no stock repurchases by the Company under the repurchase program announced on July 25, 2022, prior to the quarter ended March 31, 2023.
−Removed: Shares repurchased and retired for the year ended December 31, 2023 as part of the Company's stock repurchase program totaled 475,346 shares at an average price of $18.57, for a total cost of $8.8 million including commissions.
−Removed: During the three months ended December 31, 2023, the Company repurchased Common Stock under the stock repurchase program as reflected in the following table.
−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 Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: October 1, 2023 to October 31, 2023 19,830 $ 19.75 405,749 $ 7,615,183
−Removed: November 1, 2023 to November 30, 2023 53,562 20.40 459,311 6,522,616
−Removed: December 1, 2023 to December 31, 2023 16,035 21.86 475,346 6,172,016
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.