2 unchanged sentences
Our common stock commenced trading on March 3, 1998, on the Nasdaq Global Select Market and trades today under the symbol “CNXN”.
−Removed: As of March 11, 2022, there were 26,260,139 shares of our common stock outstanding, held by approximately 41 stockholders of record.
+Added: As of February 24, 2023, there were 26,312,862 shares of our common stock outstanding, held by approximately 40 stockholders of record.
This figure does not include an estimate of the number of beneficial holders whose shares are held of record by brokerage firms.
In 2022, we declared a special cash dividend of $0.34 per share.
−Removed: The total cash payment of $26.2 million was made on December 3, 2021 to stockholders of record at the close of business on November 18, 2021.
−Removed: In 2020, we declared a special cash dividend of $0.32 per share.
−Removed: The total cash payment of $8.4 million was made on January 29, 2021 to stockholders of record at the close of business on January 12, 2021.
+Added: The total cash payment of $8.9 million was made on December 23, 2022 to stockholders of record at the close of business on December 5, 2022.
+Added: On February 9, 2023, we announced that our Board of Directors declared a quarterly cash dividend on our common stock of $0.08 per share.
+Added: The dividend will be paid on March 10, 2023 to all stockholders of record as of the close of business on February 21, 2023.
The declaration and payment of any future dividends is at the discretion of our Board of Directors and will depend upon our financial position, strategic plans, general business conditions and any other factors deemed relevant by our Board of Directors.
−Removed: Share Repurchase Authorization
−Removed: The following table sets forth certain information with respect to repurchases of our common stock during the quarter ended December 31, 2021.
−Removed: ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Total Number of
−Removed: Approximate Dollar Value
−Removed: Shares Purchased as
−Removed: of Shares that May Yet Be
−Removed: Part of Publicly
−Removed: Purchased Under the Plans
−Removed: Average Price Paid
−Removed: Announced Plans or
−Removed: (in thousands) (1)
−Removed: 10/01/21-10/31/21
−Removed: 11/01/21-11/30/21
−Removed: 12/01/21-12/31/21
−Removed: (1) In 2001, our Board of Directors authorized the spending of up to $15.0 million to repurchase shares of our common stock.
−Removed: In 2014, our Board approved an amendment to the share repurchase program authorizing up to an additional $15.0 million in share repurchases, for a total authorized repurchase amount of $30.0 million.
−Removed: On December 17, 2018, we announced that our Board approved an amendment to the share repurchase program authorizing up to $25.0 million in additional share repurchases.
−Removed: There is no fixed termination date for this repurchase program.
−Removed: As of December 31, 2021, we have repurchased an aggregate of 2.6 million shares for $42.3 million under our Board-approved repurchase programs.
−Removed: At December 31, 2021, the maximum approximate dollar value of shares that may yet be purchased under Board-authorized programs was $12.7 million.
Stock Performance Graph
3 unchanged sentences
The graph plots the value of the initial $100 investment at one-year intervals for the fiscal years shown.
−Removed: The NASDAQ US Benchmark Retail TR Index replaces the CRSP NASDAQ Retail Trade Index in this analysis and going forward, as the CRSP Index data is no longer accessible.
−Removed: The CRSP index has been included with data through 2020.
Company Name / Index
2 unchanged sentences
Nasdaq US Benchmark Retail TR Index
−Removed: Nasdaq Retail Trade Index
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.