3 unchanged sentences
Under the amended program, the Corporation was authorized to repurchase up to 1,000,000 shares of the Corporation’s common stock, or 6.25% of the Corporation’s issued and outstanding shares at February 18, 2021.
−Removed: As of June 30, 2023, 989,317 shares had been repurchased under the repurchase program.
−Removed: On July 11, 2023, the Corporation announced that it had completed the treasury stock repurchase program.
−Removed: The Board of Directors has not announced a new treasury stock repurchase program, though the Board may consider doing so in the future depending on market conditions.
−Removed: The following table sets forth a summary of the purchases by the Corporation of its common stock during the second quarter 2023.
+Added: On July 11, 2023, the Corporation announced that 1,000,000 shares had been repurchased and that it had completed the treasury stock repurchase program.
+Added: On September 25, 2023, the Corporation announced a new treasury stock repurchase program.
+Added: Under the newly approved program, the Corporation is authorized to repurchase up to 750,000 shares of the Corporation’s common stock, or slightly less than 5% of the Corporation’s issued and outstanding shares at August 4, 2023.
+Added: The new program was effective when publicly announced and will continue thereafter until suspended or terminated by the Board of Directors, in its sole discretion.
+Added: All shares of common stock repurchased pursuant to the new program shall be held as treasury shares and be available for use and reissuance for purposes as and when determined by the Board of Directors including, without limitation, pursuant to the Corporation’s Dividend Reinvestment and Stock Purchase Plans and its equity compensation program.
+Added: As of September 30, 2023, no shares had been repurchased under this repurchase program.
+Added: CITIZENS & NORTHERN CORPORATION – FORM 10-Q
+Added: The following table sets forth a summary of the purchases by the Corporation of its common stock during the third quarter 2023.
Total Number of
Shares that May
−Removed: April 1 - 30, 2023
−Removed: May 1 - 31, 2023
−Removed: June 1 - 30, 2023
−Removed: CITIZENS & NORTHERN CORPORATION – FORM 10-Q
+Added: July 1 - 31, 2023
+Added: August 1 - 31, 2023
+Added: September 1 - 30, 2023
Defaults Upon Senior Securities
2 unchanged sentences
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.