10 unchanged sentences
Quarterly dividends have been paid in-kind for each quarterly period beginning June 30, 2018 through December 31, 2021, thereby increasing the liquidation preference to $10,776 per share as of December 31, 2021.
−Removed: We currently expect to pay dividends on the preferred shares for the foreseeable future through an increase in liquidation preference rather than cash.
+Added: We currently expect to pay dividends on the preferred shares through an increase in liquidation preference rather than cash until they mandatorily convert to Civeo common shares in April 2023.
For further information, see Note 16 - Preferred Shares to the notes to the consolidated financial statements included in Item 8 of this annual report.
2 unchanged sentences
Information used in the graph was obtained from Research Data Group, Inc., a source believed to be reliable, but we are not responsible for any errors or omissions in such information.
−Removed: The following performance graph and chart compare the cumulative total return to holders of our common shares with the cumulative total returns of the Standard & Poor's 500 Stock Index, Philadelphia OSX and with that of our peer group, for the period from December 31, 2015 to December 31, 2020.
+Added: The following performance graph and chart compare the cumulative total return to holders of our common shares with the cumulative total returns of the Standard & Poor's 500 Stock Index, Philadelphia OSX and with that of our current and prior peer groups, for the period from December 31, 2016 to December 31, 2021.
The graph and chart show the value, at the dates indicated, of $100 invested at December 31, 2016 and assume the reinvestment of all dividends, as applicable.
−Removed: Our peer group consists of Basic Energy Services, Inc., Black Diamond Group Limited, Dexterra Group Inc., Exterran Corporation, Forum Energy Technologies, Inc., Matrix Service Company, Newpark Resources, Inc., Nine Energy Service Inc., Quintana Energy Services Inc.
−Removed: (1) , Oil States International, Inc., Precision Drilling Corporation, Select Energy Services Inc., Source Energy Services Ltd., Step Energy Services Ltd., Tetra Tech Inc.
−Removed: and Total Energy Services Inc.
−Removed: (1) This company was acquired in July 2020.
+Added: In 2021, we revised our peer group to ensure the companies continue to provide appropriate comparability to us.
+Added: Our current peer group consists of the following:
+Added: Badger Daylighting Ltd.
+Added: Nine Energy Service, Inc.
+Added: Black Diamond Group Limited North American Construction Group (1)
+Added: Dexterra Group Oil States International, Inc.
+Added: Enerflex Ltd.
+Added: Precision Drilling Corporation
+Added: Exterran Corporation Select Energy Services Inc.
+Added: Forum Energy Technologies, Inc.
+Added: Target Hospitality Corp.
+Added: Matrix Service Company Tetra Technologies, Inc.
+Added: McGrath RentCorp (1)
+Added: Total Energy Services Inc.
+Added: Newpark Resources, Inc.
+Added: (1) Additions to peer group for 2021.
+Added: Our current peer group when compared to our prior peer group excludes Basic Energy Services, Inc., Quintana Energy Services Inc., Source Energy Services Ltd.
+Added: and Step Energy Services Ltd.
12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21
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PHLX Oil Service Sector $ 100.00 $ 82.80 $ 45.36 $ 45.11 $ 26.13 $ 31.55
+Added: Prior Peer Group $ 100.00 $ 84.90 $ 51.14 $ 57.10 $ 51.53 $ 74.06
Current Peer Group $ 100.00 $ 90.26 $ 67.61 $ 76.84 $ 67.56 $ 91.01
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Repurchases of Equity Securities by Registrant or its Affiliates in the Fourth Quarter
−Removed: Selected Financial Data
−Removed: Not applicable.
+Added: The following table provides information about purchases of our common shares during the three months ended December 31, 2021.
+Added: Total Number of Shares Purchased (1)
+Added: Average Price Paid per Share Total number of shares purchased as part of publicly announced plans or programs Maximum number of shares that may yet be purchased under the plans or programs
+Added: October 1, 2021 - October 31, 2021 60,026 $ 22.16 60,026 635,683
+Added: November 1, 2021 - November 30, 2021 47,430 $ 21.49 47,430 588,253
+Added: December 1, 2021 - December 31, 2021 89,618 $ 20.64 89,618 498,635
+Added: Total 197,074 $ 21.30 197,074 498,635
+Added: (1) In August 2021, our Board of Directors authorized a common share repurchase program to repurchase up to 5.0% of our total common shares which are issued and outstanding, or 715,814 common shares, over a twelve-month period.
+Added: We repurchased an aggregate of 197,074 of our common shares outstanding for approximately $4.2 million during the three months ended December 31, 2021.
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.