1 unchanged sentence
Stock Exchange Information
−Removed: The common stock of Conduent began trading on January 3, 2017, on the New York Stock Exchange, under the ticker "CNDT".
−Removed: In December 2019, Conduent changed the listing of its publicly traded common stock from the New York Stock Exchange to the Nasdaq, where it remains listed under the ticker "CNDT".
+Added: The common stock of Conduent trades on Nasdaq under the ticker "CNDT".
Common Shareholders of Record
5 unchanged sentences
Performance Graph
−Removed: CNDT 2023 Annual Report
+Added: Historically, we have presented the S&P 500 as our published market index and the S&P 500 Data Processing and Outsourced Services index as our published industry index.
+Added: In 2024, we reevaluated our market and industry indices and determined that, as we are a component of the Russell 2000 and S&P 1500 Data Processing and Outsourced Services indices, these would be more appropriate indices for comparative purposes.
+Added: For this fiscal year only, we are presenting both market and industry indices in the graph above for comparative purposes to prior fiscal year graphs.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Share repurchase activity during the three months ended December 31, 2023 was as follows:
−Removed: Period Total Number of Shares Purchased (1)
−Removed: Average Price Paid Per Share (2)
−Removed: Total Number of Shares Purchased as a Part of Publicly Announced Plan Approximate Dollar Value of Shares that May Yet Be Purchased Under Plan (in millions)
−Removed: October 1-31, 2023 1,085,481 $ 3.27 1,085,481 $ 64
−Removed: November 1-30, 2023 3,872,447 2.75 3,872,447 54
−Removed: December 1-31, 2023 1,656,682 3.40 1,656,682 48
−Removed: Total 6,614,610 $ 3.00 6,614,610 $ 48
On May 16, 2023, the Board of Directors authorized a three-year share repurchase program, granting approval for the Company to repurchase up to $75 million of its common stock from time to time as market and business conditions warrant, including through open market purchases or Rule 10b5-1 trading plans.
−Removed: (2) Average share price includes transaction commissions.
−Removed: The timing and number of shares repurchased depended on a variety of factors, including price, capital availability, legal requirements and economic and market conditions.
−Removed: This share repurchase program does not obligate the Company to acquire a specific number of shares and the program may be modified, suspended or discontinued at any time at the Company’s discretion without prior notice.
+Added: This program was completed in September 2024.
+Added: There were no share repurchases during the three months ended December 31, 2024.
+Added: CNDT 2024 Annual Report
Securities Authorized for Issuance Under Existing Equity Compensation Plans
Information about securities authorized for issuance under existing equity compensation plans is incorporated by reference from Item 12—Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
−Removed: CNDT 2023 Annual Report
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.