3 unchanged sentences
Prior to that time, there was no public market for our common stock.
−Removed: As of February 4, 2022, there were approximately 287 holders of record of our common stock.
+Added: As of January 30, 2023, there were approximately 297 holders of record of our common stock.
Notwithstanding anything to the contrary set forth in any of our filings under the Securities Act or the Exchange Act that might incorporate future filings, including the Annual Report on Form 10-K, in whole or in part, the Stock Performance Graph and supporting data which follows shall not be deemed to be incorporated by reference into any such filings except to the extent that we specifically incorporate any such information into any such future filings.
10 unchanged sentences
*Assumes $100 invested on December 31, 2017 in stock in index, including reinvestment of dividends.
+Added: Fiscal year ended December 31.
2017 2018 2019 2020 2021 2022
14 unchanged sentences
Issuer Repurchases of Equity Securities
−Removed: Stock Repurchase Programs.
−Removed: As approved by the Board of Directors on October 21, 2021, we entered into a stock repurchase program pursuant to which we may repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months that started on October 29, 2021.
−Removed: Under this program, we are authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
−Removed: During the year ended December 31, 2021, we repurchased 0.1 million shares of our common stock for $10.1 million.
−Removed: Subsequent to December 31, 2021, we repurchased 0.1 million shares of our common stock for $9.9 million.
−Removed: On February 9, 2022, the Board of Directors approved a stock repurchase program pursuant to which we may repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months that starts on February 10, 2022.
−Removed: As approved by the Board of Directors on March 4, 2020 and March 13, 2020, we entered into two stock repurchase programs pursuant to which we are authorized to repurchase up to $20.0 million and $5.0 million, respectively, of our common stock under the programs for a period of approximately 12 months.
−Removed: Under these programs, we are authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
−Removed: During the first quarter of 2020, we repurchased 0.5 million and 0.2 million shares of our common stock for $20.0 million and $5.0 million, respectively.
−Removed: These repurchase programs expired upon the repurchase of the full authorized amount under the two plans.
−Removed: As approved by the Board of Directors on August 26, 2019, we entered into a stock repurchase program pursuant to which we may repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months.
+Added: Stock Repurchase Programs — On July 28, 2022, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from August 2, 2022.
Under this program, we are authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
−Removed: We repurchased 0.1 million shares of our common stock for a total of $6.4 million in fiscal year 2019 before the stock repurchase program was cancelled in the first quarter of 2020.
−Removed: A summary of the repurchase activity for the year ended December 31, 2021 and subsequently is as follows (dollars in millions, except per share amounts):
+Added: We did not purchase any shares pursuant to this stock repurchase program in the year ended December 31, 2022.
+Added: The share repurchase program does not obligate us to acquire any specific number of shares.
+Added: On February 9, 2022, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from February 10, 2022.
+Added: Under this program, we were authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
+Added: During the second quarter of 2022, we repurchased 0.3 million shares of our common stock for $20.0 million.
+Added: This repurchase program expired upon the repurchase of the fully authorized amount under the plan and is no longer in effect.
+Added: On October 21, 2021, the Board of Directors approved a stock repurchase program pursuant to which we could repurchase up to $20.0 million of our common stock under the program for a period of approximately 12 months from October 29, 2021.
+Added: Under this program, we were authorized to repurchase our issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws.
+Added: During the first quarter of 2022, we repurchased 0.1 million shares of our common stock for $9.9 million.
+Added: During the fourth quarter of 2021, we repurchased 0.1 million shares of our common stock for $10.1 million.
+Added: This repurchase program expired upon the repurchase of the fully authorized amount under the plan and is no longer in effect.
+Added: A summary of the repurchase activity for the year ended December 31, 2022 is as follows (dollars in millions, except per share amounts):
Period Total Number of Shares Repurchased Average Price Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: January 1 - December 31, 2021 (1)
+Added: First quarter of 2022 (1)
133,328 $ 74.09 133,328 $ 20.0
−Removed: January 1 to January 31, 2022 (1)
+Added: Second quarter of 2022 (2)
270,720 73.85 270,720 —
+Added: Third quarter of 2022 — — — 20.0
+Added: October 1 to October 31, 2022 — — — 20.0
+Added: November 1 to November 30, 2022 — — — 20.0
+Added: December 1 to December 31, 2022 — $ — — $ 20.0
(1) These purchases were effectuated through a Rule 10b5-1 trading plan adopted by the Company on October 21, 2021.
+Added: (2) These purchases were effectuated through a Rule 10b5-1 trading plan adopted by the Company on February 9, 2022.
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.