Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
−Removed: Cooper's common stock, par value $0.10 per share, is traded on the New York Stock Exchange under the symbol “COO.” At December 1, 2022, there were 268 common stockholders of record.
+Added: Cooper's common stock, par value $0.10 per share, is traded on the Nasdaq under the symbol “COO.” Prior to September 26, 2023, Cooper's common stock traded on the New York Stock Exchange under the symbol "COO".
+Added: At December 1, 2023, there were 256 common stockholders of record.
Dividend Policy
−Removed: Our current policy is to pay annual cash dividends on our common stock of $0.06 per share, in two semiannual payments of $0.03 per share each.
+Added: In the past, we have paid annual cash dividends on our common stock of $0.06 per share, in two semiannual payments of $0.03 per share each.
In dollar terms, we paid cash for dividends of $3.0 million in each of fiscal 2023 and 2022.
Dividends are paid when, as and if declared at the discretion of our Board of Directors from funds legally available for that purpose.
−Removed: Our Board of Directors periodically reviews our dividend policy and considers the Company's earnings, financial condition, liquidity needs, business plans and opportunities and other factors in making and setting dividend policy.
+Added: Our Board of Directors considers the Company's earnings, financial condition, liquidity needs, business plans and opportunities and other factors in determining whether to declare a dividend.
+Added: In December 2023, our Board of Directors decided to end the declaration of the semiannual dividend.
Performance Graph
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Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights (2)
−Removed: (B) Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column A)
+Added: Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column A)
Equity compensation plans approved by shareholders (3)
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Total 1,505,841 $277.29 2,325,881
−Removed: (1) The amount of total securities to be issued under Company equity plans upon exercise of outstanding options, warrants and rights shown in Column A includes 289,238 Restricted Stock Units granted pursuant to the Company's equity plans.
−Removed: These awards allow for the distribution of shares to the grant recipient upon the completion of time-based vesting periods.
−Removed: The total also includes 79,378 shares representing the maximum number of shares that may be issued subject to Performance Share Awards outstanding as of the end of the fiscal year.
−Removed: Restricted Stock Units and Performance Share Awards do not have an associated exercise price.
−Removed: Accordingly, these awards are not reflected in the weighted-average exercise price disclosed in Column B.
−Removed: (2) Includes information with respect to the Third Amended and Restated 2007 Long Term Incentive Plan for Employees (2007 Plan) and the 2019 Employee Stock Purchase Plan (2019 ESPP), as discussed in Note 9.
+Added: (1) Includes (i) 290,029 shares subject to outstanding Restricted Stock Units (RSU), (ii) 138,256 shares subject to Performance Share Units (PSU), calculated at the maximum potential payout and (iii) 1,077,556 shares subject to outstanding options.
+Added: Does not include rights to purchase shares under the 2019 Employee Stock Purchase Plan (2019 ESPP).
+Added: (2) The weighted-average exercise price is calculated based solely on the exercise prices of outstanding options and do not reflect shares to be issued upon the vesting of RSUs and PSUs, which have no exercise price.
+Added: (3) Includes information with respect to the Third Amended and Restated 2007 Long Term Incentive Plan for Employees (2007 Plan), the 2023 Long-Term Incentive Plan (2023 Plan), which replaces the 2007 Plan, and the 2019 ESPP, as discussed in Note 9.
Stock Plans of the Consolidated Financial Statements.
−Removed: Also includes information from Second Amended and Restated 2006 Long Term Incentive Plan for Non-Employee Directors, which expired by its terms in March 2019, and the 2020 Long Term Incentive Plan for Non-Employee Directors (2020 Directors' Plan), which was approved by stockholders on March 18, 2020 and provides for the issuance of up to 50,000 shares of Common Stock.
+Added: Also includes information from the 2020 Long Term Incentive Plan for Non-Employee Directors (2020 Directors' Plan).
As of October 31, 2023, up to 1,376,240 shares of Common Stock may be issued pursuant to the 2023 Plan, up to 921,974 s hares of Common Stock may be issued pursuant to the 2019 ESPP and up to 27,667 shares of Common Stock may be issued pursuant to the 2020 Directors' Plan.
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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.