3 unchanged sentences
As of January 31, 2022, there were approximately 2,300 holders of record of our common stock.
−Removed: Our Board of Directors initiated a quarterly dividend program in the September 2013 quarter and had increased the quarterly dividend payment several times, most recently to $0.4025 per share in the September 2019 quarter.
−Removed: In March 2020 we suspended future dividends due to the impact of the COVID-19 pandemic.
−Removed: The CARES Act payroll support program initially restricted the payment of dividends through September 2021, which has been continued to March 2022 under the terms of the payroll support program extension.
+Added: We made cash dividend payments of $980 million during the year ended December 31, 2019 and $260 million in the March 2020 quarter prior to the COVID-19 pandemic.
+Added: In March 2020, we suspended dividends due to the impact of the COVID-19 pandemic.
+Added: The CARES Act and payroll support program extensions restrict the payment of dividends through September 2022.
Dividend payments beyond that time will be dependent upon our results of operations, financial condition, cash requirements, future prospects and other factors deemed relevant by the Board of Directors.
7 unchanged sentences
The following table presents information with respect to purchases of common stock we made during the December 2021 quarter.
−Removed: In March 2020, we suspended our share repurchase program due to the impact of the COVID-19 pandemic and are restricted from conducting share repurchases through March 2022 under the payroll support program extension.
−Removed: Therefore, there were no shares repurchased in the December 2020 quarter pursuant to our share repurchase program.
The table reflects shares withheld from employees to satisfy certain tax obligations due in connection with grants of stock under the Delta Air Lines, Inc.
Performance Compensation Plan (the "Plan").
−Removed: The Plan provides for the withholding of shares to satisfy tax obligations.
−Removed: It does not specify a maximum number of shares that can be withheld for this purpose.
+Added: The Plan provides for the withholding of shares to satisfy tax obligations but it does not specify a maximum number of shares that can be withheld for this purpose.
The shares of common stock withheld to satisfy tax withholding obligations may be deemed to be "issuer purchases" of shares that are required to be disclosed pursuant to this Item.
8 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.